Answer: The correct selling price is $29.97.
Step-by-step explanation:
Since we have given that
Cost price of an item = $27
Mark up rate = 11%
So, Amount of mark up would be
So, Amount after mark up would be
Hence, the correct selling price is $29.97.
The manager's likely error is that he has put the selling price the mark up amount only i.e $2.9≈$3 instead of adding the mark up amount to the cost price.
Answer:
Slope = 5.
y-int = (0, -2).
Step-by-step explanation:
y = 5x - 2
The slope intercept form is
y = mx + b where m = the slope and b = the y-intercept.
So here, the slope = 5 and the y-intercept is where y = -2. That is the point (0, -2).
It's D: (0,0)
This is because when you put 0 in for x your y value will equal 0 and that is one of your answers, so it's the point (0,0)