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A gift shop on Market Street in downtown Charleston sells sweetgrass baskets at a price of $100 each and it costs $40 each for the

A gift shop on Market Street in downtown Charleston sells sweetgrass baskets at a price of $100 each and it costs $40 each for the gift shop.

What is the margin in %?

What is the margin if the price is cut by 20%?

What is the margin if it is then raised 10% (After the initial 20% cut)?

image text in transcribed A gift shop on Market Street in downtown Charleston sells sweetgrass baskets at a price of $100 each and it costs $40 each for the gift shop. - What is the margin in % ? - What is the margin if the price is cut by 20% ? - What is the margin if it is then raised 10% (After the initial 20% cut)

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