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S, of an item is s = c + mc, where c is the cost of the item and m is the percent markup based on cost. What is the formula solved for m?

S, of an item is s = c + mc, where c is the cost of the item and m is the percent markup based on cost. What is the formula solved for m?
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4 votes
s, of an item is s = c + mc, where c is the cost of the item and m is the percent markup based on cost. What is the formula solved for m?

User Masonya
by
8.1k points

1 Answer

4 votes

Answer:

Explanation:

s=c+mc

s-c=mc

(s-c)/c=m

User Jan Seevers
by
7.5k points
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