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23 December, 13:42

Danielle had planned her gift basket to be priced at $50 with a 40% gross margin. She forgot packaging costs which will be $3 per unit. If she still keeps the price at $50, how much will her gross margin percentage be after packaging costs?

a) 30%

b) 34%

c) 43%

d) 47%

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Answers (2)
  1. 23 December, 16:50
    0
    B 34% would be the gross margin
  2. 23 December, 16:57
    0
    The correct answer is b 34%
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