Original price = $20
Markup percentage = 65
Markup amount = 0
What is the profit?
65% of 20 = $12
Therefore Markup amount = $12
Profit = Original price + markup amount
= $20 + $12
= $32
What is in between 2 and 3?
Answer:
I don't know
Step-by-step explanation:
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Answer:
m=2/3, b=12
Step-by-step explanation:
When you see an equation in this format, it's called slope-intercept form (y=mx+b, with m being slope and b being y-intercept). So in this case, by looking at our formula, we can tell right away that our slope, or m, is 2/3 and our y-intercept, or b, is 12. HTH :)
