Suppose your profit for one day is $1,565, and the cost of running the business for the day is $1,230. What is the revenue for that day?
What is the formula to find the answer?
Profit + cost = revenue
Revenue - Cost = profit
Fit in the values and solve for revenue.
1,565+1,230=2795
To find the revenue for a day, you can use the following formula:
Revenue = Profit + Cost
In this case, the profit for the day is $1,565 and the cost is $1,230. Plugging these values into the formula:
Revenue = $1,565 + $1,230
Calculating the sum:
Revenue = $2,795
Therefore, the revenue for that day is $2,795.