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Margin based on selling price?
A Lawn mower manufacturer has a unit cost of $140 and wishes to achieve a margin of 30% based on selling price. if the manufacturer sells directly to a retailer which then adds a margin of 40% based on selling price, determine the retail price charged to consumers.
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1 Answer
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- DavidLv 78 years agoFavorite Answer
140 * 1.3 * 1.4 = 254.8
Manufacturer sells to retailer for
140 * 1.3 = 182
Retailer sells it to consumer for
182 * 1.4 = 254.8
$254.80
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