Answered

Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Discover solutions to your questions from experienced professionals across multiple fields on our comprehensive Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

A convenience store sell pre-paid mobile phones. it purchases them for $12 each and uses a mark up rate of 250%.

a. the markup rate is the constant of proportionality in the equation y= kx. write an equation that can be used to find the amount of markup on the cost x of a phone

b. use the equation to calculate the markup amount. what is the retail price of a phone?

c. next week the store is going to reduce the price to $31.50. calculate what percent the sale price is of the retail price.

d. based on your answer to part c, what is an equation in the form y = kx that relates the sale price to the retail price x?

Sagot :

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.