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7 June, 06:16

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.)

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  1. 7 June, 06:29
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    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%
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