SOLUTION: I would like an explanation or equation to present to an employee regarding costs of business. Simple equation for how much revenue do we need to bill/invoice @ 15% profit to cov

SOLUTION: I would like an explanation or equation to present to an employee regarding costs of business. Simple equation for how much revenue do we need to bill/invoice @ 15% profit to cov

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Question 481503: I would like an explanation or equation to present to an employee regarding costs of business. Simple equation for how much revenue do we need to bill/invoice @ 15% profit to cover an unexpected expense of $1200.00?
Answer by jorel1380(3719) (Show Source): You can put this solution on YOUR website!
1200=.15 profit
1200/.15=sales=$8000 in sales..
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