Sagot :
Question:
Alice is considering of starting an online business the cost of her skirt is 220 she wants a margin of 80 every skirt. How much is the selling price of each skirt?
A. 220
B. 300
C. 250
D. 280
Answer:
B. 300
Solution:
Selling Price = Cost + Margin
where,
Cost = 220
Margin = 80
solve for Selling Price,
Selling Price = Cost + Margin
Selling Price = 220 + 80
Selling Price = 300
Hence, Alice needs to sell each skirt at 300 in order to gain a profit margin of 80 for every skirt sold.
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