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The equation of f(x) is f(x) = x + 4
<h3>How to determine the equation?</h3>
The given parameters are
f(-1) = 3 and f(1) = 5
Start by calculating the slope (m) using:

This gives

Evaluate
m = 1
The equation is then calculated as;
f(x) = m(x - x1) + f(-1)
This gives
f(x) = 1(x + 1) + 3
Expand
f(x) = x + 4
Hence, the equation of f(x) is f(x) = x + 4
Read more about linear function at:
brainly.com/question/4025726
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Answer:
12,500-11,625=875
875/12,500=7/100
7/100*100=7
The percentage reduction is 7%
P.S * represents multiplication