Ask Question
25 February, 03:37

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? (Round to the nearest percent.)

+3
Answers (1)
  1. 25 February, 05:12
    0
    Given:

    Total Revenue : $135,000

    Total Cost : $75,000

    Total Profit = Total Revenue - Total Cost

    Total Profit = 135,000 - 75,000

    Total Profit = 60,000

    Profit as percentage of revenue:

    Total profit / Total Revenue * 100%

    60,000 / 135,000 * 100% = 0.4444 * 100% = 44.44%
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “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? (Round to the nearest ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers