Enter the total bar revenue ($) and the bar costs ($) into the calculator to determine the Bar Profit.
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Bar Profit Formula
The following formula is used to calculate the Bar Profit.
BP = BR - BC
- Where BP is the Bar Profit ($)
- BR is the total bar revenue ($)
- BC is the bar costs ($)
How to Calculate Bar Profit?
The following example problems outline how to calculate Bar Profit.
Example Problem #1:
- First, determine the total bar revenue ($). In this example, the total bar revenue ($) is given as 125.
- Next, determine the bar costs ($). For this problem, the bar costs ($) is given as 23.
- Finally, calculate the Bar Profit using the equation above:
BP = BR – BC
The values given above are inserted into the equation below:
BP = 125 – 23 = 102.00 ($)
Example Problem #2:
The variables needed for this problem are provided below:
total bar revenue ($) = 5419
bar costs ($) = 300
Entering these values and solving gives:
BP = 5419 – 300 = 5119 ($)
