Athif trading company is a popular distributor in Salala, having operations in the entire Oman. Over these years, the company has gained a very good public opinion and quiet a big number of loyal customers. During the last year, the company has faced some financial struggles due to the pandemic crisis. The company has decided to plan well for the current year based on the past performance so that the company will be able to regain its status.

The management of the company has given with you the Income statement for the last year and asked you to calculate the gross profit and net profit margin

OMR 5,50,000 98,500 Particular Opening Stock Purchases Carriage and Freight Wages Gross Profit b/d OMR Particular 76,250 By Sales 3,15,250 "Closing stock 2,000 5,000 2,50,000 6,48,500 1,01,000 By Gross Profit b/d 12,000 Non-operating incomes: 2,000 "Interest on Securities 7,000 "Dividend on shares 134,000 "Profit on sale of shares 2,56,000 6,48,500 2,50,000 Administration expenses Selling and Dist. expenses Non-operating expenses "Financial Expenses Net Profit c/d 1,500 3,750 750 2,56,000 Choose the Gross profit margin and net profit margin of the business from the following options