A store pays $60 for shoes and sells them for $90. What is the percent mark up?
1 answer:
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This is a linear relationship. The slope-intercept form of the linear equation is:
Where,
- m is the rate of change (positive if increasing rate and negative if decreasing rate)
- c is the y intercept, or the initial value
<u><em>Rate of change is 2.5 quarts per minute (it is decreasing so m is -2.5)</em></u>
<u><em>Initial value is 50 quarts, so c is 50.</em></u>
Plugging in the values we get .
Changing variables to w instead of y and t instead of x, gives us,
. Where w is warts of water left in the tub and t is the time in minutes.
There is no viable solution when t=30 because at t=20, w=0 (). It means after 20 minutes, there is no water left. So t=30 minutes doesn't make sense.
ANSWER:
Modelling equation:
When , there is no VIABLE solution