Question: CupBakes have asked for your assistance in determining the margin they make on their cupcakes. The cost of producing the cookies is R4.95 each and

CupBakes have asked for your assistance in determining the margin they make on their cupcakes. The cost of producing the cookies is R4.95 each and the current selling price is R12.50. They want to understand their margins and markups and have asked you to help. Explain and calculate the margin on the cookies

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