mileyallen0 mileyallen0

11-12-2020
Business

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If it costs $75,000 to put on an event and total revenue is $135,000, what is the profit as a percentage of revenue?

Respuesta :

Samawati Samawati

12-12-2020

Answer:

44.44%

Explanation:

Profit is obtained by subtracting cost from revenue.

I,e.,

Profit = revenue - cost.

In this case,

Profit = $135,000 - $75,000

Profit = $60,000

As a percentage of revenue

= $60,000/ $135,000 x 100

= 0.44444 x 100

= 44.44 %

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