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

A business has revenues of $40 million per month and costs of $28 million per month. It\'s monthly profits areSolutionProfits are equal to Revenue minus cost, M

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