Formulas frequently appear in the business world. For

Chapter 2, Problem 2.1.70

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Formulas frequently appear in the business world. For example, the cost, C, of an item (the price paid by a retailer) plus the markup, M, on that item (the retailers profit) equals the selling price, S, of the item. The formula is C M S. Use the formula to solve Exercises 6364. The selling price of a computer is $1850. If the markup on the computer is $150, find the cost to the retailer for the computer.

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