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Mathematics, 23.09.2019 11:50 karebareyo

Acompany makes a $5 profit on each non-faulty product it sells. approximately 2% of the products manufactured are faulty, with no way to discover which ones are faulty before delivery. if replacement-and-repair costs for the faulty products are $100 each, what is the profit per item?
a)loss of $15.10
b)loss of $15
c)profit of $2.90
d)profit of $3.00

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