The Widget Company has annual revenues of $150,000. Their expenses over the same time frame was $75,000. What was the percent profit?
Profit = Revenue – Expense % Profit = $ Profit ÷ $ Total Revenue % Profit = ($150,000 – $75,000) ÷ $150,000 = 50%
Profit = Revenue – Expense
% Profit = $ Profit ÷ $ Total Revenue
% Profit = ($150,000 – $75,000) ÷ $150,000 = 50%
86 MCQ for effective preparation of the test of Arithmetic of Arithmetic section.
Read the MCQ statement: The Widget Company has annual revenues of $150,000. Their expenses over the same time frame was $75,000. What was the percent profit?, keenly and apply the method you have learn through the video lessons for Arithmetic to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 76-1454.