What is his percent margin


Problem

Xavi is a painter of landscapes and seashore portraits. He works outside and has no overhead or fixed costs such as a studio. In a typical year, it costs him $199 in canvas, paints and brushes per painting. This year he sold 539 pictures at a price of $287 each. At the current selling price, what is his percent margin?

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Microeconomics: What is his percent margin
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