yeah you are right but are my answers right?
Am not sure about it myself 

Let horizontal component of the tension be T
H and the vertical component to be T
V while 
T is the tension in the string.
Since the system is in equilibrium,  T
V = 8(9.81) -----> 
T x sin 40 = 8(9.81)
Therefore the tension in the string is 8(9.81)/sin 40 = 
122 NHorizontal component will be T
H =  
T x cos 40 = 122 x cos 40 = 
93.5 NI have a feeling I made a mistake somewhere but can't really find out where 

Can anyone confirm the answer 
