a. Rewrite the formula to solve for C.
P+c=R
C=r-p
b. Imagine your profit for 1 day is $1,281, and the cost of running the business for the day is $1,463. What is the revenue for that day? Explain your answer.
R=P+C
R=1,281+1,463
R= $2744
You can explain the answer
4. Your profit P is determined 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 equations:
Profit = Revenue - Cost
OR
P = R - C
a. Rewrite the formula to solve for C.
b. Imagine your profit for 1 day is $1,281, and the cost of running the business for the day is $1,463. What is the revenue for that day? Explain your answer.
1 answer
1 answer