Question

The following formula is used in

economics to find a company's gross
profit rate P, where S is the net sales
and C is the cost of goods sold.
P=
S-C
S
Rearrange the formula to highlight the
cost of goods sold.

Answer 1

To highlight the cost of goods sold in the given formula P = S - C / S, isolate the variable C by rearranging the equation as C = S - P * S.

Step-by-step explanation:

To rearrange the formula to highlight the cost of goods sold, we need to isolate the variable C. Given the formula P = S - C / S, we can start by cross-multiplying to remove the denominator. This gives us P * S = S - C. Next, we need to isolate the variable C by subtracting P * S from both sides of the equation. Rearranging the terms, we get C = S - P * S.