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If you have received $100 in sales (revenue), but it costs you $40 for labor. What is
your profit? (do not enter the $)
Use the formula: REVENUE COSTS = PROFIT
A/



Answer :

GinnyAnswer
To calculate profit, we can use the formula: Revenue - Costs = Profit. Given that the revenue is $100 and the cost for labor is $40, we can substitute these values into the formula: $100 (Revenue) - $40 (Costs) = Profit Therefore, $100 - $40 = $60. So, your profit would be $60.

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