Madison bought an empty lot for $2,000 and later sold it for a 25% profit. how much did madison sell the lot for? a) $500 b) $1,500 c) $2,500 d) $3,000

  C)  $2,500

Step-by-step explanation:

Madison's profit is 25% of the $2000 paid, so is ...

  0.25 × $2000 = $500

That means the lot was sold for ...

  $2000 + 500 = $2500

Profit can also be expressed as a percentage of the selling price. If that were the case here, Madison's initial cost would be 0.75 of the $2666.67 selling price, and the 25% profit would be $666.67. Since that is not among the answer choices, we presume our assumption is correct that Madison's profit is measured as a percentage of cost.

they are simplified

step-by-step explanation:

step-by-step explanation:

i think something is missing in your question because y-1=(x-12) would not pass through the point (-4,-3). because if you replace x by -4 your are supposed to find y=-3 which is not the case her. if you replace x by -4 you find =-15.

i assume the right equation is y-1=1/4*(x-12) because this one is passing through both your points (if you are interested to know how i found that out i can tell you).

in this equation if i replace x by -4 i find y=-3 and if i replace x by 12, i find y=1 so the line representing this equation is passing through those 2 points.

then the standard form of the equation is finding an expression of y in function of x

y-1=1/4*(x-12)

y=x/4-3+1

y=x/4-2

hope that .

do you confirm there was a mistake in the question?