Store should sell about 31 bicycle for average price of $135 each bicycle.
Step-by-step explanation:
- To find bike we need Algebra to solve the equation.
- when x = 1 , Y = 135 *x
- When x 2 , Y = 135 *2
- Formula you could apply to go for break even y = 135*x
- Bicycle store pays about $4200
- Algebra used for every business and working to make easy task.
- It takes about 31 bicycle a month to get into break even.
- Every store needs break even to not incur lost.
- Break even point is equilibrium between income and expenses.
823.582% increase between the initial price and the current price.
9514 1404 393
Answer:
y = -6x +9
y = 9·(1/3)^x
Step-by-step explanation:
In each case, the y-intercept is 9.
Linear
The slope is rise/run = (3-9)/(1-0) = -6, so the equation is ...
y = mx + b . . . . . . . slope m, intercept b
y = -6x +9
Exponential
The ratio of value at x=1 to that at x=0 is 3/9 = 1/3. That is the "growth factor," so the equation is ...
y = 9·(1/3)^x
Answer:
Amount of sales tax = $3.51
Step-by-step explanation:
$13.50 x 4 = $54
convert 6.5% to 0.065 ===> 6.5/100 = 0.065
$54 x 0.065 = $3.51