sherrydumanew sherrydumanew
  • 02-11-2020
  • Business
contestada

If the cost of an item is $72 and it has a retail price of $89, what is the gross margin?

Respuesta :

lsech65
lsech65 lsech65
  • 02-11-2020

Answer:

retail - cost) / retail) * 100 =

((5 - 3.5) / 5) * 100 =

(1.5/5) * 100 =

0.3 * 100 =

30% <==

Explanation:

Answer Link

Otras preguntas

7) Remus earns $.15 per unit for the work he does. For all units he produces in a week, over 1,000, he receives $.20. What were his weekly earnings if he produc
Can you anyone solve this please!!?
10. How many amino acids will result from the translation of the mRNA sequence AUG-CUG-GAG-CUC-UAG?
How did the outcome of the Eisenhower Administration's intervention in Guatemala compare with the outcome of America's intervention in Iran? a)Neither country
It scraped on my raw nerves like sandpaper figurative language
Paris is the capital city of france. fact or opinion?
The nurse is caring for a client newly diagnosed with sepsis. The client has a serum lactate concentration of 6 mmol/L and fluid resuscitation has been initiate
Two marathon runners leave the starting gate, one at 16 mph and the other at 12 mph. If they maintain the pace, how long will it take for them to be 1/3 of a mi
what was johnsons message in his speech
What is the oldest known stringed instrument. It was very popular in both ancient Roman and Greek cultures.