70.9k views
3 votes
if the unit selling price is2.50 and the unit cost 1.00 wjat action is needed maintain gross margin percentage when unit cost increase 0.25

User Soner
by
5.8k points

1 Answer

5 votes
The selling price is 2.5 times the cost. If the cost goes up by 0.25, the selling price needs to go up by 2.5*0.25 = 0.63 in order to maintain the gross margin.
User Meghs Dhameliya
by
6.1k points