Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

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.

Thanks

1 Answer

Relevance
  • David
    Lv 7
    8 years ago
    Favorite 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

Still have questions? Get your answers by asking now.