your profit P is determine by subtracting the cost C(the amount of money it costs to operate a business) from the revenue R(the amount of money you earn from selling your product). profit can be represented algebraically by the equation:
Profit=Revenue-Cost or P=R-C.
Rewrite the formula to solve for C.
Thank you.
2 answers
C=P-R
Profit=Revenue-Cost
P=R-C
implies
Cost = Revenue - Profit
C = R - P
There is probably a typo in the previous post.
P=R-C
implies
Cost = Revenue - Profit
C = R - P
There is probably a typo in the previous post.
1 answer