. If total Revenue is $3000, Cost of Goods is $1500, and total Selling Expense is $500 Question: what is the Profit for the business= The total revenue is 3 000 dollars The 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 dollars
Now, let's subtract=3 000 dollars - 2 000 dollars = 1 000 dollars Thus, his profit is 1 000 dollars