Enter the percentage of sales the current rank gets (%) and the total sales of all ranks ($) into the Rank Sales Calculator. The calculator will evaluate and display the Rank Sales.
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Rank Sales Formula
The following formula is used to calculate the Rank Sales.
RS = PSR/100 * TS
- Where RS is the Rank Sales ($)
- PSR is the percentage of sales the current rank gets (%)
- TS is the total sales of all ranks ($)
How to Calculate Rank Sales?
The following example problems outline how to calculate Rank Sales.
Example Problem #1:
- First, determine the percentage of sales the current rank gets (%).
- The percentage of sales the current rank gets (%) is given as: 50.
- Next, determine the total sales of all ranks ($).
- The total sales of all ranks ($) is provided as: 10,000.
- Finally, calculate the Rank Sales using the equation above:
RS = PSR/100 * TS
The values given above are inserted into the equation below:
RS = 50/100 * 10,000 = 5,000.00 ($)
Example Problem #2:
For this problem, the variables needed are provided below:
percentage of sales the current rank gets (%) = 60
total sales of all ranks ($) = 7,000
This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.
RS = PSR/100 * TS = ?
