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 (\$)