Enter the average price per item sold ($/item), the average number of items sold per month, and the vending machine rental cost ($/month) into the calculator to determine the Vending Machine Profit.
- All Profit Calculators
- Hot Dog Cart Profit Calculator
- Solar Farm Profit Calculator
- Total Profit Calculator
Vending Machine Profit Formula
The following formula is used to calculate the Vending Machine Profit.
Pv = AP * Q – RC
- Where Pv is the Vending Machine Profit ($/month)
- AP is the average price per item sold ($/item)
- Q is the average number of items sold per month
- RC is the vending machine rental cost ($/month)
How to Calculate Vending Machine Profit?
The following example problems outline how to calculate Vending Machine Profit.
Example Problem #1
- First, determine the average price per item sold ($/item). In this example, the average price per item sold ($/item) is given as 2.5 .
- Next, determine the average number of items sold per month. For this problem, the average number of items sold per month is given as 300.
- Next, determine the vending machine rental cost ($/month). In this case, the vending machine rental cost ($/month) is found to be 200.
- Finally, calculate the Vending Machine Profit using the formula above:
Pv = AP * Q – RC
Inserting the values from above yields:
Pv = 2.5 * 300 – 200 = 550.00 ($/month)
Example Problem #2
The variables needed for this problem are provided below:
average price per item sold ($/item) = 1.5
average number of items sold per month = 400
vending machine rental cost ($/month) = 300
Entering these values and solving gives:
Pv = 1.5 * 400 – 300 = 300 ($/month)
