The gross profit margin is calculated using the following rule:
gross profit margin = total profit / total sales
Now, we need to get the values of total profit and total sale:
total profit = <span>9*8-(40+8)=24$
total sales = 9*8 = 72$
Now, we will substitute in the above equation:
gross profit margin = 24/72 = 1/3 = 0.3333334
% = 0.33333334*100 = 33.3334%</span>
Pikachu is right.
Undetermined Coefficients (that we learn here) only work when f(x) is a polynomial, exponential, sine, cosine, or a linear combination of those.
And,
As we can see that the equation given is a Polynomial,
So, Pikachu is right.
Learn more about Polynomial:
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