How do I find the cost if I know the profit and revenue?

Answer by  Binome (1975)

The revenue is the amount made. The profit is what's left after using the revenue to cover the cost. Therefore, COST is equal to REVENUE minus PROFIT.

Answer by  Mathmeteachin (192)

If you take revenue minus profit you will have the total cost of the item. Please note that this could be a negative number in the event that you sold the item for less than it cost you to make or buy. Example revenue=$100,profit=$25 then cost equals 100-25=$75.

Answer by  VB (361)

Profit is determined by how much money you receive less the amount of money that is costs. So the equation you want is: Revenue - Cost = Profit or in your case: Cost = Revenue - Profit.

Answer by  esteban (1334)

Profit is revenue minus the cost: P = R - C. So to find the cost, you would subtract the profit from the revenue: C = R - P