Answer:
30.31%
Step-by-step explanation:
Mark up on selling price is given by markup*100%/selling price
In this case, markup is given as $870 while the selling price is $2870 hence the percentage of narkup to selling price will be given by
Therefore, the percentage of markup to selling price is approximately 30.31%
Answer:
point of extremity: (1,0)
vertical asymptote: along the y-axis (x = 0)
point of inflection: (e,1)
Solution:
Although all these points can be directly observed from the graph below, but these are the analytical solutions if you're curious!
1) Extreme point can be found by differentiating 'y' once and equating to zero. solving for x:
substitute dy/dx = 0, and solve for x
use this value of x back in y, to find the y-coordinate of the extreme point
The extreme point = (1,0)
2) Differentiate y twice to find the inflection point.
substitute d2y/dx2 = 0, and solve for x
use this value of x back in y, to find the y-coordinate of the inflection point
The extreme point = (e,1)
