What is the unit margin percentage

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Suppose Albertson's always takes a 33.3% retailer margin on pickles. You are selling a jar of sweet pickles to Albertson's for $2.00. What retail price would you expect to see on their shelf?

An educational toy store can buy a world globe for $30. If the store owner sells the globe for $45, what is the unit margin percentage?

Reference no: EM132404759

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