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An arena makes profits of $150,000, $75,000, and $1,250,000 from concerts, circuses, and UFC events, respectively.
What are the respective percentages of the total profit? (Round to the nearest percent.)
O a) 10 percent, 15 percent, 75 percent
Ob) 10 percent, 5 percent, 85 percent
Oc) 10 percent, 5 percent, 75 percent
d) 10 percent, 13 percent, 77 percent

Sagot :

The respective percentages of total profit are 10 percent, 5 percent, 85 percent.

What is percentage profit?

Profit is total revenue less total cost. A firm earns a profit when total revenue is greater than total cost.

Total profit = ($150,000 + $75,000 +  $1,250,000 = $1,475,000

Percentage of total profit :

Concerts = $150,000 /  $1,475,000 = 10%

Circuses = $75,000 /  $1,475,000 = 5%

UFC Events = 1,250,000 /  $1,475,000 = 85%

To learn more about profit, please check: https://brainly.com/question/26181966

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