Question: Nike has a variable cost of $ 2 5 for its women's running shoes and sells the shoes to the broker for $ 5 0

Nike has a variable cost of $25 for its women's running shoes and sells the shoes to the broker for $50, who sells them to the retailer for $75, who sells them to the consumer for $99.99. What is the percentage margin to the retailer? Please round to the nearest percent.
25%
50%.
33%
17%
Nike has a variable cost of $25 for its women's running

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