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OpenStudy (anonymous):
My boss says to sell for 10% margin (M%). Cost (C) is $9. what is the sell price (SP). SP - C = margin$ (M$); M$/SP = M%. So... M% = (SP - C)/SP; solve for SP. Can this be done?
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geerky42 (geerky42):
Multiply both sides by x is good start.
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