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

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

  1. First, determine the unit price ($). In this example, the unit price ($) is given as 100 .
  2. Next, determine the unit cost ($). For this problem, the unit cost ($) is given as  50 .
  3. Next, determine the quantity sold. In this case, the quantity sold is found to be 20.
  4. 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 ($)