mileyallen0 mileyallen0

11-12-2020
Mathematics

contestada

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 :

absor201 absor201

11-12-2020

Answer:

The profit percentage = 44%

Step-by-step explanation:

Cost = $75,000

Revenue = $135,000

profit % = (Revenue - Cost) / Revenue × 100 %

= (135,000 - 75,000) / 135,000 × 100 %

= 60000 / 135,000 × 100 %

= 0.44 × 100 %

= 44%

Thus, the profit percentage = 44%

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