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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.