Enter the daily profit ($) and the daily costs ($) into the calculator to determine the Monthly Revenue.

Monthly Revenue Formula

The following formula is used to calculate the Monthly Revenue.

MR = (DP + DC)*30.5
• Where MR is the Monthly Revenue ($) • DP is the daily profit ($)
• DC is the daily costs ($) To calculate the monthly revenue, sum the daily profit and daily costs, then multiply by 30.5 How to Calculate Monthly Revenue? The following example problems outline how to calculate Monthly Revenue. Example Problem #1: 1. First, determine the daily profit ($). In this example, the daily profit ($) is given as 13. 2. Next, determine the daily costs ($). For this problem, the daily costs ($) is given as 19. 3. Finally, calculate the Monthly Revenue using the equation above: MR = (DP + DC)*30.5 The values given above are inserted into the equation below: MR = (13 + 19)*30.5 = 976 ($)

Example Problem #2:

The variables needed for this problem are provided below:

daily profit ($) = 82 daily costs ($) = 92

Entering these values and solving gives:

MR = (82 + 92)*30.5 = 5307 (\$)