Post a New Question


posted by .

Could someone please explain the equation which is used for profit?

  • Algebra -


    There are hundreds of "formulas" for profit.

  • Algebra -

    Profit = Revenue - Cost

    Suppose you have a lemonade stand.

    It costs you 10 cents to make a glass of lemonade. You charge each customer 25 cents a glass. Therefore your profit is 15 cents per glass.

    15 = 25 - 10

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions

Post a New Question