The store buys a helmet for $19.00 and sells it for $31.50. What percentage was the markup?
2 answers:
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All functions have an inverse expression.
- The cost function is:
.
- The inverse function is:
From the question, we have the following observations:
- Base fare = 50000 pesos for first 100
- Additional guest = 100 pesos
So, the cost function would be:
Where: x represents the number of guests, and C(x) represents the cost function
Expand
Evaluate like terms
To calculate the inverse function, we have:
Replace C(x) with y
Swap x and y
Subtract 40000 from both sides
Divide both sides by 100
Rewrite as:
Split
Hence, the inverse function is:
Read more about functions and inverse at: