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 ($) To calculate the turnover rent, subtract the base rent from the gross turnover, multiply the result by .10, then add this result to the base rent. ## How to Calculate Turnover Rent? The following example problems outline how to calculate Turnover Rent. Example Problem #1: 1. First, determine the base rent ($). 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 (\$)