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

If total Revenue is $3000, Cost of Goods is $1500, and total Selling Expense is $500; what is the Profit for the business?
asked 199k views
3 votes
If total Revenue is $3000, Cost of Goods is $1500, and total Selling Expense is $500; what is the Profit for the business?

asked
User Matt Kenefick
by
7.8k points

1 Answer

5 votes
Profit= Total Revenue- Cost of goods- operating expense

the Profit for this problem is $1,000

3000-2000 = 1000
answered
User Shoumikhin
by
8.8k points
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