Raj and Evan have started a soap company. They are excited to launch their newest flavour: peppermint and rosemary. The raw materials per bar cost $1.20 for the peppermint oil, $0.25 for the rosemary oil and $5.50 for all the other ingredients. If they want to sell each bar of soap for $12.50, what range does their margin percent fall into, rounded to the nearest decimal? 75-85% 60-70% 40-50% 25-35%