Enter the total revenue per sheep ($) and the total cost to raise each sheep ($) into the calculator to determine the Sheep Profit.
- All Profit Calculators
- Pig Profit Calculator
- Solar Farm Profit Calculator
- Expected Profit Calculator
- Hot Dog Cart Profit Calculator
Sheep Profit Formula
The following formula is used to calculate the Sheep Profit.
SP = SR – SC
- Where SP is the Sheep Profit ($)
- SR is the total revenue per sheep ($)
- SC is the total cost to raise each sheep ($)
How to Calculate Sheep Profit?
The following example problems outline how to calculate Sheep Profit.
Example Problem #1:
- First, determine the total revenue per sheep ($). In this example, the total revenue per sheep ($) is given as 1500.
- Next, determine the total cost to raise each sheep ($). For this problem, the total cost to raise each sheep ($) is given as 400.
- Finally, calculate the Sheep Profit using the equation above:
SP = SR – SC
The values given above are inserted into the equation below:
SP = 1500 – 400 = 1100 ($)
Example Problem #2:
The variables needed for this problem are provided below:
total revenue per sheep ($) = 1000
total cost to raise each sheep ($) = 500
Entering these values and solving gives:
SP = 1000 – 500 = 500 ($)
