Enter the average number of items sold per day and the average price per item ($/item) into the Average Daily Sales Calculator. The calculator will evaluate and display the Average Daily Sales.
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Average Daily Sales Formula
The following formula is used to calculate the Average Daily Sales.
ADS = AIS * API
- Where ADS is the Average Daily Sales ($/day)
- AIS is the average number of items sold per day
- API is the average price per item ($/item)
How to Calculate Average Daily Sales?
The following example problems outline how to calculate Average Daily Sales.
Example Problem #1:
- First, determine the average number of items sold per day.
- The average number of items sold per day is given as: 70.
- Next, determine the average price per item ($/item).
- The average price per item ($/item) is provided as: 30.
- Finally, calculate the Average Daily Sales using the equation above:
ADS = AIS * API
The values given above are inserted into the equation below:
ADS = 70 * 30 = 2,100.00 ($/day)
Example Problem #2:
For this problem, the variables needed are provided below:
average number of items sold per day = 80
average price per item ($/item) = 50
This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.
ADS = AIS * API = ?
