Question

Profit is always calculated as revenue minus expenses. If a company's expenses were $10 million, write an equation that expresses profit, P, (in millions of dollars) in terms of revenue, R, (in millions of dollars). Then, determine the profit when revenue is $25 million.

a. P= 10-R; $15 million
b. P=R-10; $15 million
c. P=R-10; $35 million
d. P= 10- R; $35 million

Please select the best answer from the choices provided Ο Α OB​

Answer 1

c. P=R-10; 35 million

Explanation:

P=R-10, just read what the text says, namely profit = revenue - expenses

P=25, 25=R-10 <=> R=35

Answer 2

The profit when revenue is $25 million is:
P=R-10; $15 million