divide 2 b 3
2 divided by 3 = 0.625
move decimal point 2 places to the right to turn to a percentage
0.625 = 62.5%
The fraction is 4 1/2. Just convert the decimal into a fraction. 50/100 is the same as 5/10 which is the same as 1/2.
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>
5,805.263157894737m.
Because 110,3m %19= 5,805.263157894737
