Bought : $65
60% Mark up.
60% of 65
(60/100) * 65
0.6 * 65
39.
Since this is a markup, the selling price = 65 + 39 = 104
Hence Selling Price = $104
Answer:
y = 312x + 2
Step-by-step explanation:
According to y = mx + b, m stands for slope and b stands for y-intercept. Let us find the y-intercept. To find the y-intercept, the x should be zero in (x, y).
(x, y)
(0, 2) ---> y-intercept (b)
Now that we have found the y-intercept, we will now find the slope by using its formula.
Slope formula:-
m = y2 - y1 / x2 - x1
Pick two random (x, y). I will pick the first and last pairs.
(0, 2) and (4, 1250)
Now plug these two pairs in the formula.
m = y2 - y1 / x2 - x1
m = 1250 - 2 / 4 - 0
m = 1248 / 4
m = 312
This means that the slope (m) is 312. Now put that in y = mx + b form.
y = mx + b
y = 312x + 2
Both of the forms are the same. Hope this helps, thank you :) !!
Of course not.
If the line rises higher as it goes from left to right,
then its slope ( 'm' ) is positive.
If it sinks lower as it goes from left to right,
then its slope ( 'm' ) is negative.
Answer:
$12
Step-by-step explanation: