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>
42.1% of 375.4.....turn percent to decimal...." of " means multiply
0.421(375.4) = 158.0434.....so it would be B. 158.04
Answer:
c
Step-by-step explanation:
