A business has revenues of 40 million per month and costs of
A business has revenues of $40 million per month and costs of $28 million per month. It\'s monthly profits are
Solution
Profits are equal to Revenue minus cost,
Mathematically,
Profits = Revenue - Cost
So to find monthly profit we subtract monthly cost from monthly revenue
Monthly Profit = Monthly Revenue - Monthly Cost
Monthly Profit = $40 million - $28 million
Monthly Profit = $12 million = $12,000,000

