aniyahhard aniyahhard
  • 12-11-2020
  • Business
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if the price level is set at 35 margin points, what percentage will be earned on each unit sold?

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Parrain
Parrain Parrain
  • 20-11-2020

Answer: 35%

Explanation:

Margin points are the amount above cost price that a good is being sold for and each point represents a percentage. If it is said that a good is being sold at 35 margin points, it means that it is being sold at 35% above the cost price of the good.

For instance, if a good cost $40 to purchase and you want to sell it at 35 margin points, your selling price is;

= 40 * ( 1 + 35%)

= $54

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