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Maks Depot reported the following information for the year 2019. Net sales OMR 635,000 Cost of sales OMR 298,400 Gain from disposal of paint products

Maks Depot reported the following information for the year 2019.

Net sales OMR 635,000

Cost of sales OMR 298,400

Gain from disposal of paint products OMR 26,400

Loss from disposal of tools OMR 102,700

Total loss from discontinued operation OMR 96,500

Total profit of the company OMR 240,950

the profit margin for the year2019 is:

a- 42.5%

b- 20.34%

c- 24.8%

d- 37.9%

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