Question

Find the profit equation:

a) Profit = $35a - $35b
b) Profit = $350a - $3.5b
c) Profit = $3.5a - $350b
d) Profit = $35a + $35b

Answer 1

The correct profit equation is option a) Profit = $35a - $35b.

The correct profit equation is option a) Profit = $35a - $35b. In this equation, 'a' represents the quantity of a product or service, while 'b' represents the cost per unit. The profit is calculated by multiplying the quantity by the price per unit and subtracting the total cost.