Since he sold it for $75 more,
% Mark Up = Mark Up/ Cost Price * 100%
% Mark Up = 75 / 125 * 100%
= 0.6 * 100% = 60%
Percent Mark Up = 60%.
Hope this explains it.
Hi.
To formally answer your question:
D. y = 0.75<em>x</em> + 11
We can prove this by substituting <em>x</em> with 1 (the initial measurement)
y = 0.75(1) + 11 = 11.75
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One good example of a situation that can be modeled by this Polynomial Graph is the price-time relationship between currency pairs being traded on the Foreign Exchange Market.
<h3>What is a Polynomial Graph?</h3>
A polynomial parameter graph is essentially a smooth continuous curve.
Although the forex graph attached has sharp undulations, when regressed and viewed via Polynomial Regression Indicators, they exhibit strong polynomial qualities that meet the requirements of the definition above.
It is to be noted that the Y-Axis is indicative of the price of the currency pairs (which could be any currency against another) and the X-Axis expresses time. See the attached graphs for a better picture.
Learn more about polynomial graphs at:
brainly.com/question/9696642
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x^3 - 3x^2 - 18x
Using the FOIL method, I arrived at my solution!