Enter the total revenue per sheep ($) and the total cost to raise each sheep ($) into the calculator to determine the Sheep Profit.

## 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 ($) ## How to Calculate Sheep Profit? The following example problems outline how to calculate Sheep Profit. Example Problem #1: 1. First, determine the total revenue per sheep ($). In this example, the total revenue per sheep ($) is given as 1500. 2. Next, determine the total cost to raise each sheep ($). For this problem, the total cost to raise each sheep ($) is given as 400. 3. Finally, calculate the Sheep Profit using the equation above: SP = SR – SC The values given above are inserted into the equation below: SP = 1500 – 400 = 1100 ($)

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 (\$)