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0.4 ounces.
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16oz = 1 pound 2oz = 1/8 pound
If you have 586 2oz containers then you have a total of 1172 oz.
20% of 20% is 4% (=0.04)
7 of out 20 in percent is (7/20)*100 = 35 percent.
20 percent of 42 = 8.4