Question 343796
I'm not sure how you got $40.52, but here is what I think they mean here.
:
A college book store makes 23.2 cents on each dollar for profit.
 The average student spends $940 dollars a year on books.
 How much of this expenditure go to the college store?
:
"23.2 cents on each dollar" is the same as saying 23.2% is profit for the school
:
therefore:
.232 * 940 = $218.08  goes to the college store when a student spends $940