Mathematical equations:

1- Selling price [1].

To calculate selling price after increasing in profit margin .

𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒 = 𝐶𝑜𝑠𝑡 𝑃𝑟𝑖𝑐𝑒 × (100% + 𝑃𝑟𝑜𝑓𝑖𝑡 %)

2- Average [2].

To calculate average between selected data .

𝑛
1
𝐴 = ∗ ∑ 𝑥𝑖
𝑛
𝑖=1
where:
A = Average .
n= The number of terms .
xi= The value of each individual item in the list of numbers being averaged .

Rafrancese :
(1) Passy's World of Mathematics website , http://passyworldofmathematics.com/cost-
price-mark-up-and-profit/ , visited on 29-10-2017 at 12:20 p.m.

(2) Platinum GMAT website, http://www.platinumgmat.com/gmat_study_guide/statistics_mean

visited on 29-10-2017 at 12:30 p.m.