
what type of correlation would you expect between the sale price of an item and the percent of discount set? E
what type of correlation would you expect between the sale price of an item and the percent of discount set? Explain.
ignore that question this one is totally different,
Describe how would graph y > -x + 2.
Let d = % in discount, p = price in any currency
Discounted price:
= p(1 – d)
Or:
= p – pd
Illustrative example:
An item’s price is $1,000 is being sold at a cut-off rate of 5%.
Applying the formula:
= p(1 – d)
= $1,000(1 – 0.05)
= $1,000(0.95)
= $950
Or:
= p – (pd)
= $1,000 – ($1,000[0.05])
= $1,000 – $50
= $950
I hope this complies with what you require.
Larkmart – Sale Price
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