Answer:
a. $20.45
b. $24.55
c. $4.55
Step-by-step explanation:
In this question, we are asked to calculate the cost price and profit or loss selling a pair of shoes.
we proceed as follows
Firstly, we want to find the cost price given the selling price and the mark up percentage.
mathematically;
profit =( selling price - cost price)/cost price * 100%
here our profit is 120% with the cost price being $45. we plug these values
120 = 45-cp/cp * 100%
120cp = 100(45-cp)
120cp = 4500 -100cp
220cp = 4500
cp = 4500/220 = $20.45
His profit is selling price - cost price = 45 - 20.45 = $24.55
His profit selling same shoe for $25 is 25-20.45 = $4.55
First we find the slope between the two given points.
m = (y2 - y1)/(x2 - x1) = (-5 - 2)/(7 - 6) = -7/1 = -7
Now we use the slope-intercept equation of a line.
y = mx + b
We use one point as x and y, and we solve for b.
2 = -7(6) + b
2 = -42 + b
b = 44
The equation is
y = -7x + 44
Answer: f(x) = -7x + 44
Answer: it is in absolute value form, so when you take it out the signs would change to 7 + 42 = 49
Step-by-step explanation:
