Enter the total number of pips gained and the value of each pip ($) into the calculator to determine the PIPS Profit.

## PIPS Profit Formula

The following formula is used to calculate the PIPS Profit.

**Ppips = PG * V**

- Where Ppips is the PIPS Profit ($)
- PG is the total number of pips gained
- V is the value of each pip ($)

## How to Calculate PIPS Profit?

The following example problems outline how to calculate PIPS Profit.

**Example Problem #1:**

- First, determine the total number of pips gained. In this example, the total number of pips gained is given as 100.
- Next, determine the value of each pip ($). For this problem, the value of each pip ($) is given as 20.
- Finally, calculate the PIPS Profit using the equation above:

Ppips = PG * V

The values given above are inserted into the equation below:

Ppips = 100 * 20 = 2000 ($)

**Example Problem #2: **

The variables needed for this problem are provided below:

total number of pips gained = 300

value of each pip ($) = 20

Entering these values and solving gives:

Ppips = 300 * 20 = 6000 ($)