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algol [13]
3 years ago
9

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

Mathematics
1 answer:
Korolek [52]3 years ago
4 0
Your initial revenue is $3000, so that is what we will be subtracting from. Profit is defined as the amount of money left over after all other expenses are covered.

 3000
-1500
<u>  -500
</u>$1000

Since you have $1000 left, it is your profit.


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