Enter the book price ($), the number of books sold, and the selling fees and costs per book ($) into the calculator to determine the Book Profit.
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Book Profit Formula
The following formula is used to calculate the Book Profit.
P = (BP-SF) * QB
- Where P is the Book Profit ($)
- BP is the book price ($)
- QB is the number of books sold
- SF is the selling fees and costs per book ($)
How to Calculate Book Profit?
The following example problems outline how to calculate Book Profit.
Example Problem #1
- First, determine the book price ($). In this example, the book price ($) is given as 150 .
- Next, determine the number of books sold. For this problem, the number of books sold is given as 20 .
- Next, determine the selling fees and costs per book ($). In this case, the selling fees and costs per book ($) is found to be 30.
- Finally, calculate the Book Profit using the formula above:
P = (BP-SF) * QB
Inserting the values from above yields:
P = (150-30) * 20 = 2400 ($)
Example Problem #2
The variables needed for this problem are provided below:
book price ($) = 200
number of books sold = 15
selling fees and costs per book ($) = 60
Entering these values and solving gives:
P = (200-60) * 15 = 2100 ($)
