Enter the unit price ($), the unit cost ($), and the quantity sold into the calculator to determine the Total Profit.

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## Total Profit Formula

The following formula is used to calculate the Total Profit.

Pt = (P-C) * Q

- Where Pt is the Total Profit ($)
- P is the unit price ($)
- C is the unit cost ($)
- Q is the quantity sold

To calculate the total profit, subtract the units costs from the unit price, then multiply the total quantity.

## How to Calculate Total Profit?

The following example problems outline how to calculate Total Profit.

**Example Problem #1**

- First, determine the unit price ($). In this example, the unit price ($) is given as 100 .
- Next, determine the unit cost ($). For this problem, the unit cost ($) is given as 50 .
- Next, determine the quantity sold. In this case, the quantity sold is found to be 20.
- Finally, calculate the Total Profit using the formula above:

Pt = (P-C) * Q

Inserting the values from above yields:

Pt = (100-50) * 20 = 1,000.00 ($)

**Example Problem #2**

The variables needed for this problem are provided below:

unit price ($) = 150

unit cost ($) = 30

quantity sold = 3

Entering these values and solving gives:

Pt = (150-30) * 3 = 360.00** **($)