A company has a profit margin of 25% on a product that costs $60 to produce. How much does the company sell this product for?
The profit margin is the percentage of the selling price that represents the profit made by the company. In this case, the profit margin is 25%. We need to find the selling price (SP) such that 25% of SP is equal to the profit earned on each unit.

Let's first calculate the amount of profit per unit:

Profit per unit = Cost to produce * Profit margin
                         = $60 * 0.25
                         = $15

Now, we know that the cost to produce the product is $60 and the profit per unit is $15. To find the selling price, we simply add the cost to produce and the profit per unit:

Selling price = Cost to produce + Profit per unit
                      = $60 + $15
                      = $75

Therefore, the company sells this product for $75.