Find a markup of an item that has a wholsal cost of $120 and a sale price of $150
1 answer:
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Answer:
The function p = 75h represents this situation.
Step-by-step explanation:
We know the equation of linear equation in the slope-intercept form is
where
m = rate of change = slope
b = y-intercept
- Let 'h' be the number of hours
- Let 'p' be the pay
Given that Lian is paid SR 75 per hour.
so the rate of change of slope = m = 75
As there is no initial condition, so b = 0
as
y = mx+b
Now, mapping the information data into the slope-intercept form
- p = y
- m = 75
- h = x
- b = 0
Thus, the equation becomes
p = 75h
Therefore, the function p = 75h represents this situation.
VERIFICATION:
Given the equation
p = 75h
for h = 1
p = 75(1)
p = 75
Thus, Liam is paid SR 75 per hour.