The price of an item has increased 15% since last year. however, a person can buy the item for a 25% employee discount. the employee pays $172.50. what was the price last year? show work to justify your answer.
group of answer choices

$200

Explanation:

The employee pays $172.50 and he got 25% employee discount.

If the cost is $100, he pays $(100 - 25) = $75.

So, employee pays =  

100

75

⋅

172.50

= $230.00.

Again, price was increased by 15% last year. So whose cost is $100

is sold by $(100+15) = $115.

When sell price is $115, then cost price is $100. Then,

when sell price is $230, then cost price is  

100

115

⋅

230

= $200.

options a,b,c are the right answer.

step-by-step explanation:

a linear parent function is always represented as y = x

if we write this function in the form of y=mx+c

⇒

or  

now if we plot a graph we will find these characteristics:

1) y intercept of the graph is zero so its a straight line passing through origin.

2) as we can see in both the forms of function written, values of x and y may be either positive or negative for the positive slope means points on the graph are either in first quadrant or in third one.

3) it's slope is one.

only 10/60 isn't equivalent

hope this : )