Respuesta :
Answer:
$90
Explanation:
If the bookstore uses a linear markup policy, a linear relationship can be found between the sales price (S) and cost (C) for every product in the store as follows:
[tex]98.7 - 94 = m(84 - 80)\\m = 1.175\\S-94 = 1.175(C - 80)\\S= 1.175 C[/tex]
From that it's easy to see the store works with a simple 17.5% profit margin, so the cost of a book that sells for $105.75 can be found as follows:
[tex]C=\frac{105.75}{1.175} \\C=90[/tex]
Answer:
The linear function will be S= 1.175 C
The cost of a book that sells for $105.75 is $90
Explanation:
If the markup policy of the bookstore is linear so we can say that price sale is a constant of the cost
S=x* C then x=S/C
In the first case,
x=$94/$80=1.175
In the second case,
x=$98.70/$84=1.175
So, if the price of a book is $105.75 , the cost will be
C=S/x= $105.75/1.175=$90