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22 August, 07:35

The stadium has fixed expenses of $10,000 per event. Last month it put on three major events and spent $72,000, $47,500, and $65,000 in advertising for them respectively. According to the accountant, these events earned a total of $482,000 in revenue. What was the stadium's profit margin last month?

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  1. 22 August, 10:05
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    Your answer should be $512,000
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