The expected profit would be $5 because you already spent $6
Answer:
b I do believe good luck with the answer
What is the number down their?
Answer:
let x =the original price
then 116x/100=$39.32
116x=100×39.32
116x=3932
divide both sides by 116
116x/116=3932/116
x=33.89655
(2dp)
x=33.90
The gross profit margin is calculated using the following rule:
gross profit margin = total profit / total sales
Now, we need to get the values of total profit and total sale:
total profit = <span>9*8-(40+8)=24$
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>