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A company reports a profit margin of 25%. If the total revenue is $200,000, what is the profit amount?

Practice Questions

1 question
Q1
A company reports a profit margin of 25%. If the total revenue is $200,000, what is the profit amount?
  1. $40,000
  2. $50,000
  3. $60,000
  4. $70,000

Questions & Step-by-step Solutions

1 item
Q
Q: A company reports a profit margin of 25%. If the total revenue is $200,000, what is the profit amount?
Solution: Profit amount = 25% of $200,000 = 0.25 * 200,000 = $50,000.
Steps: 0

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