The company profits increased 20% from last year. If the profits last year were $2,500, what are the company's profits this year? A. $30 B. $300 C. $5,000 D. $3,000

Step-by-step explanation:

last years was $2500.00

20% of $2500 = $500.00

profit this year is $3000.00

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step-by-step explanation:

the direct variation says that:

then the equation is of the form is given by:

            where k is the constant variation.

from the given table:

consider any value of x and m(x)=y

x = 2 and m(x)=y = 3

substitute these value in [1]; we have;

divide both sides by 2 we get;

⇒

check:

put x = -1 and m(x) = -1.5

substitute in the equation:

-1.5 = -1.5                   true

therefore, the function m(x) represents a direct variation

graph of this function as shown below: