Enter the product selling price ($), the product cost ($), and the total quantity of product sold into the calculator to determine the Product Profit. 

Product Profit Formula

The following formula is used to calculate the Product Profit. 

PP = (SP - C) * QP
  • Where PP is the Product Profit ($)
  • SP is the product selling price ($) 
  • C is the product cost ($) 
  • QP is the total quantity of product sold 

How to Calculate Product Profit?

The following example problems outline how to calculate Product Profit.

Example Problem #1

  1. First, determine the product selling price ($). In this example, the product selling price ($) is given as 45 .
  2. Next, determine the product cost ($). For this problem, the product cost ($) is given as  30 .
  3. Next, determine the total quantity of product sold. In this case, the total quantity of product sold is found to be 100.
  4. Finally, calculate the Product Profit using the formula above: 

PP = (SP – C) * QP

Inserting the values from above yields: 

PP = (45 – 30) * 100 = 1500($)

Example Problem #2

The variables needed for this problem are provided below:

product selling price ($) = 56

product cost ($) = 50

total quantity of product sold = 20

Entering these values and solving gives:

PP = (56 – 50) * 20 = 120 ($)