The cost, C, of an item (the price paid by a retailer) plus the markup, M, on that item (the retailer's profit) equals the selling price, S, of the item. The formula is Upper C plus Upper M equals Upper S. The selling price of a computer is $1770. If the markup on the computer is $130 , find the cost to the retailer for the computer.
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Home » Mathematics » The cost, C, of an item (the price paid by a retailer) plus the markup, M, on that item (the retailer's profit) equals the selling price, S, of the item. The formula is Upper C plus Upper M equals Upper S. The selling price of a computer is $1770.