Problem: If the margin made on an article costing C dollars and selling for S dollars is M=n1βC, then the margin is given by:
Answer Choices:
A. M=nβ11βS
B. M=n1βS
C. M=n+1nβS
D. M=n+11βS
E. M=nβ1nβS
Solution:
S=C+n1βC;β΄C=n+1nβS;β΄M=n1βC=n1ββ
n+1nβS=n+1Sβ