Calculate the retailer margin as a percent of costs and also the retailer margin as percent of sales. Selling Price = $46; Cost = $23; Margin = $23
To calculate the retailer margin as a percentage of costs, you can use the formula:
Retailer Margin as a Percent of Costs = (Margin / Cost) x 100
In this case, the margin is $23 and the cost is $23.
Retailer Margin as a Percent of Costs = (23 / 23) x 100 = 100%
To calculate the retailer margin as a percentage of sales, you can use the formula:
Retailer Margin as a Percent of Sales = (Margin / Selling Price) x 100
In this case, the margin is $23 and the selling price is $46.
Retailer Margin as a Percent of Sales = (23 / 46) x 100 = 50%