Answer:
the approximate percentage as revenue percentage is 61.11%
Step-by-step explanation:
The computation of the approximate percentage as revenue percentage is as follows:
As we know that
The profit is
= total revenue - total cost
= $90,000 - $35,000
= $55,000
Now the profit percentage is
= Profit ÷ Sales revenue × 100
= $55,000 ÷ $90,000 × 100
= 61.11%
Hence, the approximate percentage as revenue percentage is 61.11%
The same is to be considered
