Question

The selling price s , of an item is S equals C plus MC where C is the cost of the item and Emma is the percent markup based on cost what is the formula solved for M

Answer 1

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Answer:

M = (S -C)/C

Explanation:

Starting with ...

S = C + MC

we want to solve for M.

S - C = MC . . . . subtract the term not containing M

(S -C)/C = M . . . . divide by the coefficient of M

Solved for M, the formula is ...

M = (S -C)/C