Enter the price per bag of popcorn sold ($), the number of bags sold, and the cost of the kernels ($) into the calculator to determine the Popcorn Profit.
Popcorn Profit Formula
The following formula is used to calculate the Popcorn Profit.
PP = PB * #S – C
- Where PP is the Popcorn Profit ($)
- PB is the price per bag of popcorn sold ($)
- #S is the number of bags sold
- C is the cost of the kernels ($)
How to Calculate Popcorn Profit?
The following example problems outline how to calculate Popcorn Profit.
Example Problem #1
- First, determine the price per bag of popcorn sold ($). In this example, the price per bag of popcorn sold ($) is given as 1.5 .
- Next, determine the number of bags sold. For this problem, the number of bags sold is given as 250 .
- Next, determine the cost of the kernels ($). In this case, the cost of the kernels ($) is found to be 125.
- Finally, calculate the Popcorn Profit using the formula above:
PP = PB * #S – C
Inserting the values from above yields:
PP = 1.5 * 250 – 125 = 250 ($)
Example Problem #2
The variables needed for this problem are provided below:
price per bag of popcorn sold ($) = 1.00
number of bags sold = 50
cost of the kernels ($) = 25
Entering these values and solving gives:
PP = 1 *50 – 25 = 25 ($)
