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If total Revenue is $3000, Cost of Goods is $1500, and total Selling Expense is $500; what is the Profit for the business?*

If total Revenue is $3000, Cost of Goods is $1500, and total Selling Expense is $500; what-example-1

2 Answers

5 votes

Answer: 1000

Step-by-step explanation: If you have 3000 take away 1500 you have 1500 then, subtract 500 you then have 1000. 1000 would be the final correct answer.

User Purushoth
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4 votes

Answer:

If total Revenue is $3000, Cost of Goods is $1500, and total Selling Expense is $500Question: what is the Profit for the business=> The total revenue is 3 000 dollarsThe expenses:=> 1 500 dollars for gold's costs=> 500 dollars for selling expenses.Now, let's add the expenses and subtract it to the total earnings=> 1 500 dollars + 500 dollars = 2 000 dollarsNow, let's subtract:=> 3 000 dollars - 2 000 dollars = 1 000 dollars. Thus, his profit is 1 000 dollars

User Rao Adnan
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