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 when unit cost increases 0.25?

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asked May 15, 2017 79.0k views

2 votes

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 when unit cost increases 0.25?

Mathematics
high-school

Tbjgolden asked

by Tbjgolden

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1 Answer

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You need to increase the selling price more than $0.25.
They need to increase the price to $3.125 ($1.25 x $2.50)

Jaymit Gupta answered May 19, 2017

by Jaymit Gupta

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