Profit Calculator
Profit is a higher quantity of items Revenue , Total Cost , Unit Price , Quantity . Profit equal to price less than cost. Total profit (INR) equal to revenue less than total cost(INR) or expressed differently total profit equal to unit price(INR) multiple quantity less than unit cost(INR) multiple quantity(INR).
The Formula us,
profit = price – cost
The profit for a higher quantity of items.
Total profit = revenue – total cost,
or expressed differently
Total profit = unit price * quantity – unit cost * quantity.
Let Us Consider,
- cost – the amount for which items are acquired or produced, also known as the cost of goods sold,
- unit cost – the amount for which a single item is acquired or produced,
- price – price for which the items are sold,
- unit price – the amount for which a single item is sold,
- quantity – the number of items for which the profit is calculated,
- total cost – cost multiplied by the number of items,
- discount – the percentage price reduction,
- total profit – total amount of money gained.
Calculate the Profit
profit = ($40)- ($20) = ($20).
Calculate the total Profit
Total profit = unit price * quantity – unit cost * quantity.
Unit Price ($40) , quantity ($10) , Cost ($20) , quantity ($30)
total profit = ($40 * $10) – ($20 * $35) = $400 – $700
The answer is total profit = $300