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The stadium has fixed expenses of $10,000 per event. Last month it put on three major events and spent $72,000, $47,500, and $65,000 in advertising for them respectively. According to the accountant, these events earned a total of $482,000 in revenue. What was the stadium's profit margin last month?

 Sep 30, 2015
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Add up all the expenses:

72,000 + 47,500 + 65,000 +(3 X 10,000)=214,500 Total costs and expenses of the stadium

482,000 - 214,500=$267,500 Stadium profit margin for the month.

 Sep 30, 2015

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