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lana66690 [7]
3 years ago
13

If the unit selling price is $2.50 unit costs $1.00 what is the margin percentage when the unit costs increased &.025

Mathematics
2 answers:
aleksandrvk [35]3 years ago
5 0

Answer:

$3.125

Step-by-step explanation:

Selling Price = $2.50

Unit Cost = $1.00

Gross margin = (Unit cost/Selling price)*100

= (1/2.5)*100

Gross margin = 40%

Unit cost increased by 0.25.

New unit cost = $1.00 1+ $0.25 = $1.25

Selling price =( Unit cost/Gross margin)*100

Selling price =[ (1.25)/40]*100

= 125/40

Selling price = $3.125

Increases the unit selling price to $3.125

Hope this will helpful.

Thank you.

malfutka [58]3 years ago
3 0
<h2>Answer:</h2>

<u>The price is </u><u>3.13</u>

<h2>Step-by-step explanation:</h2>

In order to find this you must first calculate out the current gross margin percentage. You can find this using the equation below. 

Gross Margin = cost /price

 Gross Margin = 1/2.5

As

40% = Gross Margin

Now we need to use the same equation with a new cost to find price. 

Cost / Price = Gross Margin

1.25 / Price = 40%

1.25/.40 = Price

3.13 = Price

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The equation would be:

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3 years ago
A group of 12 students goes on a school field trip, 6 are in third grade. which fraction is equivalent to 6 12
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The fraction which is equivalent to 6/12 is 1/2

What does a fraction mean?

In the first place, fraction is a numerical quantity or relationship where one number is expressed in terms of another.

In order to determine the equivalence of 6/12 in fraction , we need reduce 6/12 to the lowest term, since 6 is common to 6 and 12 and that 6 divided by gives 1 and 12/6 gives 2, which means that we are left 1/2

The correct fraction which is equivalent to 6/12 is 1/2

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Full question:

A group of 12 students goes on a school field trip, 6 are in third grade. which fraction is equivalent to 6/12?

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