You can't. If you think about the straight line on a graph, those numbers
describe a single point that the line goes through, and they don't tell you
anything about the slope of the line, or where it crosses the x-axis or the
y-axis. So I don't think you can tell the constant of variation from one point.
Answer:
the markup percentage is 66.67%
Step-by-step explanation:
The computation of the percent of markup based on cost is shown below:
= (Selling price - paid price) ÷ (paid price)
= ($15 - $9) ÷ ($9)
= 66.67%
By taking the difference of the selling price & paid price and then divided it by paid price we can get the percentage of markup
Hence, the markup percentage is 66.67%
3 over 2 and 3 over 4 (1.5 and .75)
(8 times 4) - (2 times 3 = 8) divided by 2
