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Anton [14]
3 years ago
6

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:
harina [27]3 years ago
5 0
Of course you need to know what "gross margin percentage" means. Roughly speaking it is the profit as a percentage of sale price. When a unit costs $1.00 and is sold at $2.50 the excess revenue is $1.50 Although we could express this profit margin as a FRACTION of the sale price, (so this would be 1.50/2.5 = 3/5), it is usual to state this as a PERCENTAGE. The gross margin percentage in the original case would be 100 * 3/5 = 60% Let cost price be c, sale price be s. Gross margin percentage g = 100* (s - c)/s Solving this for sale price s s = c/[1 - (g/100)] When unit cost increases $0.25 we have c = 1.25 so s = 1.25[1 - 0.6] = 1.25/0.4 = 3.1 Action needed to maintain the gross margin percentage is to increase selling price to $3.10
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almond37 [142]
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3 years ago
-n+(-4)-(-4n)+6<br><br><br> solve
tigry1 [53]

Answer:

3n + 2

Step-by-step explanation:

-n+(-4)-(-4n)+6

= -n -4 +4n +6        [positive plus negative =  negative; ∴  +(-4) = -4

=4n - n +6 - 4                      negative plus negative = positive; ∴ -(-4n) = 4]

now subtract n from 4n and subtract 4 from 6

=3n + 2

                                                                                                       

                             

8 0
3 years ago
Read 2 more answers
MARK AS BRAINLIEST
Arisa [49]

Answer:

The answer to your question is 25%

Step-by-step explanation:

Data

Initial price = $2.00

Final price = $2.50

First we subtract the final price to the inicial price

              increment = 2.50 - 2.00

                                = $0.50    It's the amount that the school increases to the community members

            Now we use a rule of three to find the percent

                 $2.00 ----------------------  100%

                 $0.50  ---------------------    x

x = 0.50 x 100/2 = 50/2 = 25%          

4 0
3 years ago
A study shows that employees who begin their workday at 9:00 a.m. vary their times of arrival uniformly from 8:40 a.m. to 9:30 a
jeka94

Answer:

0.2 or 20%

Step-by-step explanation:

If the times of arrival vary uniformly, there is an equal chance of an employee reporting at any given time between 8:40 and 9:30.

The range between 8:40 and 9:30 is 50 minutes.

The range between 9:00 and 9:10 is 10 minutes.

Therefore, the  probability that a randomly chosen employee reports to work between 9:00 and 9:10 is:

P(9:00\leq X\leq 9:10)=\frac{10}{50}=0.20=20\%

The probability is 0.2 or 20%.

6 0
3 years ago
Find the solution for the following: Three backpackers cooked rice for dinner. The first one gave 400g of rice and the second 20
victus00 [196]

Answer:

First backpacker should receive $4 and the second one $2

Step-by-step explanation:

notice that the total amount of rice for the three is 600 g.

Then, the first one that gave 400 g contributed 400 out of 600, that is 400/600 = 2/3

The second one contributed 200 out of 600, that is 200/600 = 1/3

then the first one should receive 2/3 of the $6 = (2/3) x 6 = $4

and the second one should receive 1/3 of the %6 = (1/3) x 6 = $2

6 0
3 years ago
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