Question

Last month, Lani’s Pizza Parlor generated $75,000 in revenues. Her total expenses last month were $63,000. Create the formula Lani needs to calculate the amount of profit she made last month.

Answer 1

Answer:

$12,000

Explanation:

Calculation for the amount of profit she made last month

Using this formula

Profit=Revenues-Expenses

Let plug in the formula

Profit=$75,000-$63,000

Profit=$12,000

Therefore the amount of profit she made last month is $12,000