dorendajohnsonox5c3p dorendajohnsonox5c3p
  • 01-10-2017
  • Mathematics
contestada

If the unit selling price is 2.50 and the unit cost is 1.00 what action is needed to maintain the gross margin percentage when unit cost increase 0.25

Respuesta :

musiclover10045
musiclover10045 musiclover10045
  • 01-10-2017

The original gross margin is (2.50 / 1.00) - 1 = (2.5 - 1) = 1.5  =  150%

the cost increases 0.25, is an increase of (0.25 / 1.00) = 25%

  in order to keep the same gross margin, you need to increase the sale price by 25%

2.50*1.25 = 3.125

Then the gross margin is (3.125 / 1.25) - 1 = (2.5 - 1) = 1.5 = 150% ( same as original )

Answer Link

Otras preguntas

Which of the following is right ?
Find the value of x. URGENT, please help!?
Can somebody please help
Sandy drives in town at a rate of 25 miles per hour. It takes her 15 minutes to drive to the store. How far is it to the store?
I picked up 15 shells and my brother picked up 3 more shells than I did. How many shells sis my brother and I picked altogether?​
Y tú, ¿__y__mucho? A.) bebe,come B.)babes,comes C.)babes, coming D.)bebéis, comèis
How does China benefit from its closer ties with Africa? How does Africa benefit from its closer ties with China? Is this simply a modern version of imperialism
Divide the polynominals using long division and chose the correct answer.
HELPPPPPPP!!!!!!!!!!!!!!!! A ball is thrown from an initial height of 2 meters with an initial upward velocity of 11 m/s. The ball's height h (in meters) after
why there is gap between day and night in frigid zone