Question

The selling price, 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?

Answer 1

\[
s = c+mc = 1c+mc = (1+m)c
\]

Answer 2

This is how you could get rid of \(c\).

Answer 3

Subtract c from both sides.

Then Divide both sides by c and you get the value of m.

Answer 4

When you have \(m+1=s/c\), you are close.

Answer 5

i dont get it

Answer 6

@midhun.madhu1987 may you help me please