Enter the contractor revenue ($) and the contractor expenses ($) into the calculator to determine the Contractor Profit.
Contractor Profit Formula
The following formula is used to calculate the Contractor Profit.
CP = CR - CE
- Where CP is the Contractor Profit ($)
- CR is the contractor revenue ($)
- CE is the contractor expenses ($)
How to Calculate Contractor Profit?
The following example problems outline how to calculate Contractor Profit.
Example Problem #1:
- First, determine the contractor revenue ($). In this example, the contractor revenue ($) is given as 143.
- Next, determine the contractor expenses ($). For this problem, the contractor expenses ($) is given as 20.
- Finally, calculate the Contractor Profit using the equation above:
CP = CR – CE
The values given above are inserted into the equation below:
CP = 143 – 20 = 123 ($)
Example Problem #2:
The variables needed for this problem are provided below:
contractor revenue ($) = 165
contractor expenses ($) = 80
Entering these values and solving gives:
CP = 165 – 80 = 85($)