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By conversion of the markup formula, solve the following...

Options:
A. Markup percentage
B. Cost price
C. Selling price
D. Profit margin

1 Answer

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Final answer:

The conversion of the markup formula allows us to solve for markup percentage, cost price, selling price, and profit margin.

Step-by-step explanation:

The conversion of the markup formula allows us to find various values related to pricing and profit. Here is how we can solve for each option:

A. Markup percentage: The markup percentage can be found by dividing the profit by the cost price, and then multiplying by 100.

B. Cost price: The cost price can be found by dividing the selling price by the markup percentage plus 100, and then multiplying by 100.

C. Selling price: The selling price can be found by dividing the cost price by 100 plus the markup percentage, and then multiplying by 100.

D. Profit margin: The profit margin can be found by dividing the profit by the selling price, and then multiplying by 100.

User Aaron Meese
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