A company purchased 10,000 pairs of men’s slacks for 19.26 per pair and marked them up $22.73. What was the selling price of each pair of slacks? Use the formula S=C+M

What don't you understand about this problem?

I don't know which numbers go where.

S = Selling price

C = Cost
M = Markup

Thank you.

You're welcome.

s=184,600 c = 215,300 m= 30,700

To find the selling price of each pair of slacks, we'll use the formula S = C + M, where S is the selling price, C is the cost price, and M is the markup.

In this case, the company purchased 10,000 pairs of men's slacks for $19.26 per pair. So, the cost price (C) for each pair of slacks is $19.26.

The company also marked up the slacks by $22.73. Therefore, the markup (M) is $22.73.

Now, let's substitute the values into the formula:

S = C + M
S = $19.26 + $22.73

Adding the two values together:

S = $42.99

Therefore, the selling price of each pair of slacks is $42.99.