The accountant for Gizmo Traders provides you with the following information for the financial years ended 31 May 20.2; 31 May 20.3 and 31 May 20.4:

	20.4	20.3	20.2
Revenue	800 000	500 000	400 000
Cost of sales	(400 000)	(300 000)	(300 000)
Gross profit	400 000	200 000	100 000

The gross profit percentage on cost of sales for the year ended 31 May 20.2 is

Instructions:

1. Use a full stop to indicate any decimals (eg: 70.01)

2. Round off to the second decimal after the full stop (eg: 50.56)

3. Don't show the % sign only the numbers (eg: 70.01% is 70.01)

Answer: