A space heater costing $235 offers an extended warranty for 15% of the purchase price. If the local repair shop will fix a space heater for $12, how many times must the space heater need repairs for the warranty to be worth the cost?
15 % of 235 = 35.25 , it will need to be repaired atleast 3 times for the warranty to be worth the cost
Answer: It must take atleast 3 times to repairs for the warranty to be worth the cost.
Step-by-step explanation:
Since we have given that
Cost of a space heater = $235
Percentage of the purchase price offers an extended warranty = 15%
So, it will become,
@@MATH_TOKEN_0@@
Price fixed by the local repair shop on a space heater = $12
So, Number of times it must the space heater need repairs for the warranty to be worth the cost is given by
\(\frac{35.25}{12}=2.993\\\\=3\ approx.\)
So, it must take atleast 3 times to repairs for the warranty to be worth the cost.