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saw5 [17]
2 years ago
4

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 t

he nearest percent.)
Mathematics
1 answer:
vfiekz [6]2 years ago
7 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%

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