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We have that
Profit margin is calculated by finding the net profit as a percentage of the revenue
Profit margin = [Net profit / Revenue]
Net profit= [Revenue-Cost]
we know that
Revenue = $16.25 million
Cost = $13.5 million + $2.7 million
Net profit = [16.25 million - (13.5 million + 2.7 million)]
Net profit = $0.05 million
Profit margin = 0.05 / 16.25
Profit margin = 0.003077 or 0.3077%
Answer:
3.15 seconds is the answer.
<u>Explanation</u>
when the ball touches the ground, h =0
hence,
0=255-21t-16t²
16t²+21t-225=0
here a=16 ,b=21, c= -225

time cannot be negative, hence t = -4.46 can be avoided
The ball takes 3.15 seconds to hit the ground.