If gross margin is 6000 and total revenue is 26000 then...

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If gross margin is $6000 and total revenue is $26000, then gross margin percentage will be

A. 23.08%

B. 24.08%

C. 25.08%

D. 26.08%

Answer: Option A

Gross margin percentage = Gross margin ÷ Total revenue × 100
= $6000 ÷ $26000 = 23.08%

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