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16 May, 19:39

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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  1. 16 May, 21:15
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    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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