tshae20 tshae20

18-03-2015
Mathematics

Answered

if the unit selling price is $2.50 and the unit cost is $1 what is the action needed to maintain the gross margin percentage when the unit cost increases 25 percent

Verified Answer :

19-03-2015

The profit is originally 250% to maintain this you need to multiply the new unit cost by 2.5.
New unit cost $1.25. * 2.5 = $3.12.5

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