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18 February, 21:41

A stadium has two sponsorship deals. Deal A had revenue of $100,000 and expense of $10,000. Deal B has revenue of $50,000 and expenses of $20,000. What is the stadium's average profit as a percentage of revenue on these two deals?

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  1. 18 February, 22:41
    0
    Deal A) 90% Profit; Deal B) 60% Profit

    Step-by-step explanation:

    Multiple ways of solving this problem here is one way:

    100k-10k = 90k (Revenue) : Then you make this as a percent by 100k then multiply it by 100.

    100 * ((100,000-10,000) / 100,000) = 90%

    The same is true for the other equation:

    100 * ((50,000-20,000) / 50,000) = 60%
  2. 18 February, 23:06
    0
    80%

    had a quiz which had this as one of the questions
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