Answer:
The marked up percentage is 112.5%
Step-by-step explanation:
The cost price of the emerald pendant = $400
The selling price of the emerald pendant = $840
Now, the Mark up Price = Selling Price - Cost Price
= $840 - $400 = $450
Also,
=
⇒ Percentage of Mark up Price = 112.5%
Hence, the marked up percentage is 112.5%
Answer:
Part 1) The rate of change is
Part 2) The initial value is
Step-by-step explanation:
we know that
The linear equation in slope intercept form is equal to
where
m is the slope or rate of change
b is the y-intercept or initial value
step 1
Find the slope or rate of change
The formula to calculate the slope between two points is equal to
we have the points
(5,12)and (2,6)
substitute the values in the formula
therefore
The rate of change is
step 2
Find the initial value
we have
substitute in the equation
solve for b
---> initial value
The linear equation is equal to
The y-intercept or initial value is 2