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
