Juan's tacos invested $575 for supplies to sell at a soccer game. his total receipts for the venue was $1,300. what was his profit margin for the event?

Profit =Selling price- cost price

It is given Juan's Tacos invested $575 for supplies to sell at a soccer game.

His investment = $575 .

His Total receipts =$1300.

Juan's profit margin = Juan's investment - Juan's receipts for the venue.

Juan's profit =1300-575

Juan's profit = 725.

Juan's profit margin for the event =$725.

Juan's Investment for the event was = $575

His total receipts for the venue was =  $1300

Hence, profit earned by Juan =

Profit margin is defined as the amount by which the revenue invested  exceeds its original amount(invested).

And, profit margin was =

So, profit margin was 55.77%.

Say lesss, the answer is 19,278,000

Step-by-step explanation: