Answered

IDNLearn.com: Your trusted platform for finding reliable answers. Our community is ready to provide in-depth answers and practical solutions to any questions you may have.

If a stadium's revenue is $772,000 and its costs are $189,000, what is the stadium's profit as a percentage of its revenue?

Sagot :

Adioabiolaidn

The stadium's profit as a percentage of its revenue is; 75.5%.

According to the question;

  • The stadiums revenue is $772,000

  • And its costs are $189,000

In essence, the stadiums profit is the difference between its revenue and costs and is given mathematically as;

  • Profit = $772,000 - $189,000

  • Profit = $583,000

However, we are required to express the stadium's profit as a percentage of its revenue.

Therefore;

  • % Profit = ($583,000)/($772,000) × 100%

% Profit = 75.5%

Read more:

https://brainly.com/question/23127071

Thank you for contributing to our discussion. Don't forget to check back for new answers. Keep asking, answering, and sharing useful information. Find clear answers at IDNLearn.com. Thanks for stopping by, and come back for more reliable solutions.