11.052002

# If it costs $75,000 to put on an event and total revenue is $135,000, what is the profit as a percentage of revenue? (Round to the nearest percent.)

mhouska5
Mathematics
1 9

If it costs $75,000 to put on an event and total revenue is $135,000, what is the profit as a percentage of revenue? (Round to the nearest percent.)

Given: Total Revenue : $135,000 Total Cost : $75,000 Total Profit = Total Revenue - Total Cost Total Profit = 135,000 - 75,000 Total Profit = 60,000 Profit as percentage of revenue: Total profit / Total Revenue * 100% 60,000 / 135,000 * 100% = 0.4444 * 100% = 44.44%