Gross Profit Margin = Sales Price – Unit Cost = $57 – $30 = $27.
Markup Percentage = Gross Profit Margin/Unit Cost = $27/$30= 90%.
90% markup
Check
Sales Price = Cost X Markup Percentage + Cost = $30 X 90% + $30= $57
Answer:
yes
Step-by-step explanation:
273/6 feet is tall when work is complete
240 / 8 = 30
8 / 240 = 0.03333
266,250$