If it costs $75,000 to put on an event and total revenue is $135,000, what is the profit as a percentage of revenue? (Round to the nearest percent.)

Given:

Total Revenue : $135,000

Total Cost : $75,000

Total Profit = Total Revenue - Total Cost

Total Profit = 135,000 - 75,000

Total Profit = 60,000

Profit as percentage of revenue:

Total profit / Total Revenue * 100%

60,000 / 135,000 * 100% = 0.4444 * 100% = 44.44%