The above quation how to get revenu perofit and cost

Answer 1

To calculate revenue:
Revenue = Price x Quantity
For example, if you sell 100 products at a price of $10 each, your revenue would be:
Revenue = $10 x 100 = $1,000

To calculate profit:
Profit = Revenue - Cost
For example, if your revenue from selling 100 products is $1,000 and the cost of producing those products was $800, your profit would be:
Profit = $1,000 - $800 = $200

To calculate cost:
Cost = variable costs + fixed costs
Variable costs are costs that change depending on the level of production (such as raw materials or labor), while fixed costs are costs that remain constant regardless of production levels (such as rent or salaries).
For example, if your variable costs for producing 100 products are $500 and your fixed costs are $300, your total cost would be:
Cost = $500 + $300 = $800