The strain gauge resistance variation is related to the applied strain \(\varepsilon\) by the formula:
\[
\Delta R = G R_G \varepsilon
\]
In the Wheatstone bridge configuration, the output voltage is given by:
\[
V_o = \frac{2 V}{R_G} \times \Delta R = \frac{2 V}{R_G} \times G R_G \varepsilon
\]
Simplifying:
\[
V_o = 2 V \times G \varepsilon
\]
The sensitivity is the output voltage per unit stress:
\[
\frac{V_o}{\sigma} = 2 V \times G \frac{\varepsilon}{\sigma}
\]
Given Young's Modulus \(E = 10\ \text{MPa}\), the strain is:
\[
\varepsilon = \frac{\sigma}{E}
\]
Thus,
\[
\frac{V_o}{\sigma} = 2 V \times G \times \frac{1}{E}
\]
Substitute the given values:
\[
\frac{V_o}{\sigma} = 2 \times 40 \times \frac{1}{10} = 8\ \text{V.MPa}^{-1}
\]
Thus, the sensitivity is:
\[
\boxed{8}
\]
Final Answer: 8 V.MPa\(^{-1}\)