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What is the Difference as a dollar ($) amount at the end of the reporting period? Is it profit or loss? 2020 - 40,075.00 2021-

What is the Difference as a dollar ($) amount at the end of the reporting period? Is it profit or loss? 2020 - 40,075.00 2021- 38,493 =1581.50 TOTAL LOSS Using the formula below, work out the difference as a percentage (%). Show use of formula in working out. Formula from instructions 


1. Minus expenses from monthly income revenue 


2. Work out difference between revenue from 2020 & 2021 


3. Divide difference by the original number (2020) and multiple by 100

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