The exact answer is 31.25%, or about 31%
Answer:
0.064
Step-by-step explanation:
( 0.4) ^3
Solution :
( 0.4) ^3
= 0.4 x 0.4 x 0.4
= 0.064
Profit = (selling price x number of units) - expenses in this case, the selling price is $855, number of units is 250, and the expenses are $6,780 So, Profit = ($855 x 250) - $6,780 = $206,970 That number times 15% (decimal = 0.15) will be the salary of the CEO So, $206,970 x 0.15 = $31,045.50
SO C.