Enter the base rent ($) and the gross turnover ($) into the calculator to determine the Turnover Rent. 

Turnover Rent Formula

The following formula is used to calculate the Turnover Rent. 

Rt = BR + (.10*GT-BR)

  • Where Rt is the Turnover Rent ($)
  • BR is the base rent ($) 
  • GT is the gross turnover ($) 

How to Calculate Turnover Rent?

The following example problems outline how to calculate Turnover Rent.

Example Problem #1:

  1. First, determine the base rent ($). In this example, the base rent ($) is given as 1000.
  2. Next, determine the gross turnover ($). For this problem, the gross turnover ($) is given as 30000.
  3. Finally, calculate the Turnover Rent using the equation above: 

Rt = BR + (10*GT-BR)

The values given above are inserted into the equation below:

Rt = 1000 + (.10*30,000-1000) = 3000 ($)

Example Problem #2: 

The variables needed for this problem are provided below:

base rent ($) = 7000

gross turnover ($) = 150000

Entering these values and solving gives:

Rt = 7000+ (.10*150000-7000) = 15,000 ($)