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 c
ost what is the formula solved for M
1 answer:
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Answer:
M = (S -C)/C
Step-by-step 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
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