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SCORPION-xisa [38]
4 years ago
15

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 whe

n unit cost increases $0.25?
Mathematics
1 answer:
REY [17]4 years ago
8 0
Get the gross margin percentage of cost and multiply it to the new unit cost to get maintain the same gross margin percentage of cost.

Units Selling Price :  2.50    
Unit Cost                - <u>1.00</u>
Profit Margin          :  1.50

Gross profit margin % on sales: 1.50 / 2.50 = 0.60 x 100% = 60%
Gross profit margin % on cost : 1.50 / 1.00 = 1.50 x 100% = 150%

If the cost increase by $0.25 
Unit cost : 1.00 + 0.25 = 1.25

1.25 * 150% = 1.875 gross margin.

Gross margin + Unit Cost = Unit Price
1.875             + 1.25        = 3.125

Gross margin % on sales : 1.875 / 3.125 = 0.60 x 100% = 60%
Gross margin % on cost   : 1.875 / 1.25   = 1.50 x 100% = 150%


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The olympics are held every four years. In 2016, the XXXI olympiad were held in Rio de Janeiro,Brazil. Determine the year of the
Anna007 [38]

Answer:

First Olympic held in year 1896.

Step-by-step explanation:

Number of Olympiad held in Rio = XXXI = 31st

Difference of years in two consecutive Olympiads = 4 years

Number of years spent in 31 Olympiads can be calculated by,

Number of years spent = (n - 1)d

Here n = number of Olympiads held

d = difference between two consecutive Olympiads

Number of years spent till 31st Olympiads = (31 - 1)×4

                                                                      = 120 years

Therefore, 1st Olympiad held in the year = 2016 - 120

                                                                   = 1896

6 0
3 years ago
Hal has 16 gallons of water. If he drinks 1/2 gallon every day, how many days will the water last?
GuDViN [60]
Should be 32 days. I say that because half of 1 gallon is drank a day so multiple 16x2=32
7 0
4 years ago
Read 2 more answers
What is the solution to the system of equations 8x-10y=-23 and 9x+10y=-16
sammy [17]
8x-10y=-23
9x+10y=-16
(8x+9x)+(10y-10y)=(-23+(-16))
17x+0y=-39
x=-39/17
8(-39/17)-10y=-23
-312/17-10y=-23
-10y=-23+312/17
-10y=-79/17
y=79/170
3 0
4 years ago
Working alone at their respective constant rates, machine A and machine B can fill a certain order in 3 hours and 6 hours, respe
ozzi

Answer: 2 hours

Step-by-step explanation:

Given : Working alone at their respective constant rates, machine A and machine B can fill a certain order in 3 hours and 6 hours, respectively.

Let t be the time taken by both of them working together.

Then, according to the question, we have

\dfrac{1}{t}=\dfrac{1}{3}+\dfrac{1}{6}\\\\\Rightarrow\dfrac{1}{t}=\dfrac{2+1}{6}\ \ [\because\ L.C.M. (3,6)=6]\\\\\Rightarrow\dfrac{1}{t}=\dfrac{3}{6}=\dfrac{1}{2}\\\\\Rightarrow t=2

Hence, it will take 2 hours by the two machines .

7 0
3 years ago
Neveah gave the cashier $35 to pay for her items. She purchased a hoodie that cost $17.95 and a shirt on sale for a different pr
Julli [10]
$35-$4.71=$30.29
$30.29-$17.95=$12.34
6 0
4 years ago
Read 2 more answers
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