Enter the average number of items sold per day and the average price per item ($/item) into the Average Daily Sales Calculator. The calculator will evaluate and display the Average Daily Sales. ## Average Daily Sales Formula The following formula is used to calculate the Average Daily Sales. ADS = AIS * API • Where ADS is the Average Daily Sales ($/day)
• AIS is the average number of items sold per day
• API is the average price per item ($/item) To calculate the average daily sales, multiply the average number of items sold per day by the average price per item. ## How to Calculate Average Daily Sales? The following example problems outline how to calculate Average Daily Sales. Example Problem #1: 1. First, determine the average number of items sold per day. 1. The average number of items sold per day is given as: 70. 2. Next, determine the average price per item ($/item).
1. The average price per item ($/item) is provided as: 30. 3. Finally, calculate the Average Daily Sales using the equation above: ADS = AIS * API The values given above are inserted into the equation below: ADS = 70 * 30 = 2,100.00 ($/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 = ?