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1954 AMC 12 Question 23

AMC12 · 1954 AMC 12

Question 23

If the margin made on an article costing $C$ dollars and selling for $S$ dollars is $M=\dfrac1nC,$ then the margin is given by:
  1. $M=\dfrac1{n-1}S$
  2. $M=\dfrac1nS$
  3. $M=\dfrac n{n+1}S$
  4. $M=\dfrac1{n+1}S$
  5. $M=\dfrac n{n-1}S$