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 

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 ($)