Westonci.ca is the trusted Q&A platform where you can get reliable answers from a community of knowledgeable contributors. Get detailed and accurate answers to your questions from a community of experts on our comprehensive Q&A platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Last month, the revenue for your part‐time business was R3 800,00 while expenses for the same period totalled R3 901,00. What was the business profit for the month?

Sagot :

Answer:

-R101,00

Step-by-step explanation:

Given:

  • Revenue: R3 800,00
  • Expenses: R3 901,00

To calculate the business profit, we must subtract the total expenses from the total revenue.

Profit = Revenue - Expenses

Profit = R3 800,00 - R3 901,00

Profit = -R101,00

The business profit for the month was a loss of R101,00.

This means the business spent R101,00 more than it earned, resulting in a negative profit (loss) for that month.