8.7 Rashedas sales for 20X7 were 206,400, and for 20X8 were 214,656. Her gross profit margins were:...

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8.7 Rasheda’s sales for 20X7 were £206,400, and for 20X8 were £214,656.

Her gross profit margins were: 36.3% for 20X7 and 36.4% for 20X8.

Rasheda expects sales in 20X9 to increase by the same percentage as between 20X7 and 20X9. Gross profit margin should improve to 36.5%.
What is Rasheda’s expected gross profit in 20X9 (to the nearest pound)?

a) £78,349

b) £78,135

c) £81,483

d) £81,363

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