Priyanshu, Zohair,
Thanks for the nice question. The slope intercept form is actually the most widely used form of straight line as far I have seen. In SSE, you surely have used y=mx+c form. If you do any line fitting later , or use any survey data set or you want to fit a ML model somewhere, you will need y=mx+c. It is actually quite widely used, in many research fields, I have seen its usage in quantum physics, electrical engineering datasets and Chemical Engineering datasets among other places.
Answering the next question, how to find it, you obviously need the slope and you need the x-intercept or y-intercept. For finding the slope you need the two coordinates. Please check the lecture videos and solution tips. I hope it will be clear.