Enter the NFT purchase price ($), the NFT sale price ($), and the taxes and fees ($) into the NFT Profit Calculator. The calculator will evaluate the NFT Profit.
NFT Profit Formula
The following formula is used to calculate the NFT Profit.
NFTP = SP – PP – TF
Variables:
- NFTP is the NFT Profit ($)
- PP is the NFT purchase price ($)
- SP is the NFT sale price ($)
- TF is the taxes and fees ($)
How to Calculate NFT Profit?
The following steps outline how to calculate the NFT Profit.
- First, determine the NFT purchase price ($).
- Next, determine the NFT sale price ($).
- Next, determine the taxes and fees ($).
- Next, gather the formula from above = NFTP = SP – PP – TF.
- Finally, calculate the NFT Profit.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem:
Use the following variables as an example problem to test your knowledge.
NFT purchase price ($) = 20
NFT sale price ($) = 30
taxes and fees ($) = 5
NFTP = SP – PP – TF = ?
