If I purchase a table for $150 and sell it for $360, what is the % of mark-up?
1 answer:
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Answer:
slope = 1/4
Step-by-step explanation:
To find the slope, I chose two points where the line intersected the graph at an exact point.
Points:
(0, -8)
(4, -7)
Slope is the measure of rise over run, so starting at (0, -8) I went up one and to the right 4 times.
To put this as a fraction, we would have: 1/4
The numerator and denominator are positive because we went up and to the right.
Therefore, the slope is 1/4.
Answer:
2 percent
Step-by-step explanation:
We can use two separate fractions, one representing the amount of physics majors expected and the amount of seniors expected in physics majors by the university.
Now cross multiply.
x will be removed.
Simplifying this fraction will get you , which in percentage form, will be 2 percent.