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

Thank you for posting your question here at brainly. I hope the answer will help you. Below is the solution:

s = c ( 1 + m) 

1 +m = s / c 

m = s / c - 1 = (s - c) / c

Answer 2

The value of the m is, (s - c) / c

We have given that,

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.

We have to determine the formula for m.

What is the slope-intercept form of a line

y=mx+c

m= slope of the line

c is the y intercept

x and y are the coordinate of the points

s = c ( 1 + m)

1 +m = s / c

m = s / c - 1 = (s - c) / c

Therefore the value of the m is,(s - c) / c.

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