A calculator was purchased for $29. The wholesale cost was $20. What was the percent markup?
1 answer:
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Line 1--------- >(0,2) (1,-1)
y=mx+b m=(-1-2)/(1-0)=-3
2=(-3)*(0)+b----- > b=2
y1=-3x+2
Line 2--------- >(0,-1) (2,2)
y=mx+b m=(2+1)/(2-0)=3/2
-1=(3/2)*(0)+b----- > b=-1
y2=(3/2)x-1
<span>using a graphic tool
see attached figure</span>
the best estimate solution for the system is <span>(1, 1)
because </span>is the only one within the range of the x axis (-5,5) and the y axis (-5,5)
y=mx+b m=(-1-2)/(1-0)=-3
2=(-3)*(0)+b----- > b=2
y1=-3x+2
Line 2--------- >(0,-1) (2,2)
y=mx+b m=(2+1)/(2-0)=3/2
-1=(3/2)*(0)+b----- > b=-1
y2=(3/2)x-1
<span>using a graphic tool
see attached figure</span>
the best estimate solution for the system is <span>(1, 1)
because </span>is the only one within the range of the x axis (-5,5) and the y axis (-5,5)