SOLUTION: 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 Profit = Revenue

Algebra ->  Finance -> SOLUTION: 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 Profit = Revenue       Log On


   

Question 308923:
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
Profit = Revenue - Cost
OR
P = R - C
I came up with the answer: 1645. I just want to make sure I am correct.
Answer by checkley77(12844) About Me  (Show Source):
You can put this solution on YOUR website!
P=1281
C=1463
P=R-C
1281=R-1463
R=1281+1463
R=$2,744 ANSWER.