-7 2/3 + ( -5 1/2 ) + 8 3/4 = ? A: -4 5/12 B: -21 11/12 C: -4 2/3 D: 6 7/12
1 answer:
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Answer:
On the context of the problem, the slope means the total paid for every month that the apartment is rented, 900 per month in this case, while the y-intercept means the initial cost for renting the apartment, 1400 upfront in this case.
Step-by-step explanation:
This function is linear, which means that it increases at a steady rate and has the following form:
Where "a" is the slope or the rate at which "y" changes for every change in "x". While "b" is the number at which the function crosses the "y" axis.
On the context of the problem, the slope means the total paid for every month that the apartment is rented, 900 per month in this case, while the y-intercept means the initial cost for renting the apartment, 1400 upfront in this case.
No Alan did not break even
Alan incured a loss of 6.25 %
<em><u>Solution:</u></em>
Given that,
Alan bought two bikes
He sold one to Beth for $300 taking a 25% loss
He also sold one to Greta for $300 making a 25% profit
When a person sells two similar items, one at a gain of say x%, and the other at a loss of x%, then the seller always incurs a loss
Which is given as:
Here, x = 25
Thus the loss percentage is 6.25 %