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    kunalscholar's Avatar
    kunalscholar Posts: 1, Reputation: 1
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    #1

    Apr 16, 2014, 06:07 AM
    Margin calculation
    Store X is made of 2 departments, Dept.300 and Dept.500. Total store margin is 32% and the total sales for June were $ 4,200,000. If Dept. 300 sales for June were $ 2,900,000 and margin for this department was 28%, how much were the sales for Dept.500 in June and what was Dept. 500 margin % and value?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Apr 16, 2014, 08:37 AM
    If you know the definition for margin this is a straightforward problem to solve. We won't give answers for your homework problems, but if you show us your attempt at solving it we'll check it for you.
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