Total revenue is 3000, cost of goods is $1500 and total selling expense is $500 what is the profit of the buisness

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asked Dec 6, 2017 60.4k views

1 Answer

Andraz · Answer 1 · 2017-12-11T22:17:27+0000

Cost of goods = $1500
Selling expense = $500
Total cost = $1500 + $500 = $2000

Profit = Total revenue - Total cost = $3000 - $2000 = $1000

Profit = $1000

Total revenue is 3000, cost of goods is $1500 and total selling expense is $500 what is the profit of the buisness

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