Danielle had planned her gift basket to be priced at $50 with a 40% gross margin. She forgot packaging costs which will be $3 pe
r unit. If she still keeps the price at $50, how much will her gross margin percentage be after packaging costs?
a) 30%
b) 34%
c) 43%
d) 47%
2 answers:
B 34% would be the gross margin
The correct answer is b 34%
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