Let x be the original cost for the sofa.
X x (1 + 0.07) =3210
X = 3000
Now we know the cost for the sofa.
Let p be the profit percent.
3000 x (1 + p) = 3360
P = 0.12
So the percentage profit is 12%
Answer:
Where:
And we can find the intercept using this:
On this case the correct answer would be:
E. none of the above
Since the intercept has no association between the increase/decrease of the dependent variable respect to the independent variable
Step-by-step explanation:
Assuming the following options:
A. there is a positive correlation between X and Y
B. there is a negative correlation between X and Y
C. if X is increased, Y must also increase
D. if Y is increased, X must also increase
E. none of the above
If we want a model where m represent the lope and b the intercept
Where:
And we can find the intercept using this:
On this case the correct answer would be:
E. none of the above
Since the intercept has no association between the increase/decrease of the dependent variable respect to the independent variable
Answer:
The price of the admission is 15.
Step-by-step explanation:
From the information given, you can write the following equations:
a+3e=45 (1)
a+5e=65 (2), where:
a is the admission cost
e is the exhibition cost
First, you can solve for a in (1):
a=45-3e (3)
Second, you can replace (3) in (2):
45-3e+5e=65
45+2e=65
2e=65-45
2e=20
e=20/2
e=10
Finally, you can replace the value of e in (3):
a=45-3e
a=45-3(10)
a=45-30
a=15
According to this, the price of the admission is 15.
If 5 biscuits cost 40p
1 biscuit would cost (40p divided by 5) 8p
8p multiplied by 3 (to get 3 biscuits) would cost 24p
3 biscuits cost 24p