Calculate total revenue !enter image description here I need help on this question. Thanks in advance! my calculation is like this: Percentage difference: 31-27=4 4% = £50,000 100% = £1.25mil Need to find total revenue: Profit = Revenue - Cost Not too sure about this part.

Given

* (1) $revenue*0.27 = profit$

* (2) $revenue*0.31 = salaries$

* (3) $profit + 50000 = salaries$ (since salaries has higher allocated %)




You can substitute the left side of (3) for $salaries$ in (2), then solve for $profit$:

* $revenue*0.31 = profit + 50000$

* $profit = revenue*0.31 - 50000$




Now, set this and (1) equal to each other and solve for $revenue$

* $revenue*0.31 - 50000 = revenue*0.27$



WolframAlpha says revenue is about 1,250,000