If nthe shop has a mark up rate of 50% and they cost 300 to buy you multiply 300 by 50% convert 50% to decimal
so you do .5*300=150
then you add 150 to 300 which means that the shop sells the skis for 450 dollars.
The answer is going to be .65 because
1)You subtract 2.95 from 3.6
=3.6-2.95=.65
2)You add 2.95+.65
=3.6
Answer:
The Answer is: y - 3 = 3/2(x - 1)
Step-by-step explanation:
Given Points: (1, 3) and (-3, -3)
Find the slope m:
m = y - y1 / (x - x1)
m = 3 - (-3) / (1 - (-3))
m = 3 + 3 / 1 + 3
m = 6 / 4 = 3/2
Use the point slope form and point (1, 3):
y - y1 = m(x - x1)
y - 3 = 3/2(x - 1)
Hope this helps! Have an Awesome day!! :-)
In order to find the number of chips that would result in the minimum cost, we take the first derivative of the given equation. Note that the derivative refers to the slope of the graph at a given point. We can utilize this concept knowing that at the minimum or maximum point of a graph, the slope is zero.
Taking the derivative of the given equation and equating it to zero, we have:
y' = (0.000015)(2)x - (0.03)x° + 0
0 = (0.00003)x - 0.03
Solving for x or the number of chips produced, we have x = 1000. We then substitute this value in the given equation, such that,
y = (0.000015)(1000)² - (0.03)(1000) + 35
The minimized cost, y, to produce 1000 chips is then calculated to be $20.
