QUESTION 2 of 10: 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?
a) $30,000
b) $267,500
c) $244,500
d) $482,000