VeldossyTrisomia VeldossyTrisomia
  • 13-03-2017
  • Mathematics
contestada

If total revenue is 3000,cost of goods is $1500, and a total selling expensesis $500; what is the profit for business?

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Chaser15
Chaser15 Chaser15
  • 17-03-2017
This sounds like simple addition & subtraction.
Total revenue = $3,000
Cost of goods = $1,500
Total expenses = $500
Profit = x
x = 3,000 - 1,500 + 500
x = 3,000 - 2000
x = 1,000
Profit for the business is $1,000
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