Answer: To convert 20% profit into a profit amount, you would multiply 20% by the revenue or cost of the item or service.
Let's say,
You have revenue of $1000
So,
20/100 * 1000 = $200
So the 20% profit on the revenue of $1000 is $200.
It's important to note that profit is the amount of money you make after you subtract your costs from your revenue. It's the amount you have left after all the expenses, taxes and other deductions are made.
Explanation: