An item is purchased for a wholesale price of $48 and will be sold at a 55 percent markup. Which expression should be used to fi
1 answer:
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Answer:
y = x + 1
Step-by-step explanation:
the equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
calculate m using the slope formula
m =
with (x₁, y₁ ) = (- 2, 0) and (x₂, y₂ ) = (0, 1) ← 2 points on the line
m = =
=
the line crosses the y- axis at (0, 1 ) ⇒ c = 1
y = x + 1 ← equation of line