The Benz C300 markup should be $15525. The markup price for the new Toyota Highland should be $43470
Step-by-step explanation:
For the used Benz C300
Initial price $12,000
Apply import duty for Nigeria which is 25%, which is similar to increasing the price by 25%
100% +25%=125%
12000*125/100 = $15000
Apply the 15% profit
100%+15%=115%
15000*115/100 =$17250
Apply the 10% discount, reducing the price by 10%
100%-10%=90%
17250*90/100 =$15525
The Benz C300 markup should be $15525
For the Toyota Highlander
Initial price = $30,000
Apply import duty for Nigeria for new cars, which is 40%, which is similar to increasing the car price by 40%
100%+40%=140%
30,000*140/100 =$42000
Apply the 15% profit
15%+100%=115%
115/100*42000 =$48300
Apply the 10% discount
100%-10%=90%
48300*90/100=$43470
The markup price for the new Toyota Highland should be $43470
Learn More
Percentage increase and decrease :brainly.com/question/11537235
Keywords : cars, import duty, cost, minimum profit, discount, reseller
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Using correlation coefficients, it is found that that the correct option is given as follows:
The correlation would stay the same because the change in units for time would have no effect on it.
<h3>What is a correlation coefficient?</h3>
- It is an index that measures correlation between two variables, assuming values between -1 and 1.
- If it is positive, the relation is positive, that is, they are direct proportional. If it is negative, they are inverse proportional.
- If the absolute value of the correlation coefficient is greater than 0.6, the relationship is strong.
The correlation coefficient does not have units, hence if the units of the measures is changed, the coefficient remains constant, which means that the correct option is given by:
The correlation would stay the same because the change in units for time would have no effect on it.
More can be learned about correlation coefficients at brainly.com/question/25815006
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Answer:
Y-intercept
Step-by-step explanation:
The y-intercept is the part of the line that crosses the y-axis.
The red dot (where the arrow is pointing to) is the y intercept
(x + 1) x (x - 4). When you check it you will get your original expression.
