For both profit margin percentages ROUND ANSWERS ONE DECIMAL PLACE. thank you(:

Take-a-Break Travel Company offers spring break travel packages to college students. Two of its packages, a 7-day, 6-night trip to Cancun and a 5-day, 4-night trip to Jamaica, have the following characteristics: Package Specifications CancunJ Jamaica Cost Data 41ight Oceanfront room; number of nights Meals: 10 Breakfasts $ 9/ea $ 11/ea $ 17/ea $ 23/ea $ 17/ea Lunches Dinners Scuba diving trips Nater skiing trips Airfare (round trip from Miami) 10 275(Cancun), 350 (Jamaica) $ 23(Cancun), $ 18(Jamaica) Transportation to and from airport The Cancun trip sells for $2,900, and the Jamaica trip sells for $2,840, and both packages allow two bags to be checked for free Required: 1. What are the current profit margins on both trips? 2. Take-a-Break's management believes that it must drop the price on the Cancun and Jamaica trips to $2,860 and $2,800, respectively, in order to remain competitive in the market. Recalculate profit margins for both packages at these price levels. Complete this question by entering your answers in the tabs below Required Required 2 What are the current profit margins on both trips? (Round percentage answers to 1 decimal place.) Cancun Jamaica Profit margin Profit margin (%) Required 2> Required 1 Required 2 Required 1 Take-a-Break's management believes that it must drop the price on the Cancun and Jamaica trips to $2,860 and $2,800, respectively, in order to remain competitive in the market. Recalculate profit margins for both packages at these price levels. (Round percentage answers to 1 decimal place.) Cancun Jamaica Profit margin Profit margin (%)