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Your product costs $1.50 to make. You are selling it for a price of $2.50. What is your gross margin? [?]%

Your product costs $1.50 to make. You are selling it for a price of $2.50. What is your gross margin? [?]%
219k views
24 votes
Your product costs $1.50 to make.

You are selling it for a price of
$2.50. What is your gross margin?
[?]%

User Snazzybouche
by
8.5k points

1 Answer

11 votes

Answer:

40%

Step-by-step explanation:

2.50-1.50/2.50=0.4

User MattYao
by
8.4k points
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