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%

Question

Today, 17:32

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Answers (2)

Know the Answer?

Maria Lamb · Answer 1

B 34% would be the gross margin

Elle Cordova · Answer 2

Elle Cordova Today, 17:39

0

The correct answer is b 34%

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%