Enter the daily revenue ($) and the daily costs ($) into the calculator to determine the Weekly Profit.
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Weekly Profit Formula
The following formula is used to calculate the Weekly Profit.
WP = (DR-DC) * 7
- Where WP is the Weekly Profit ($)
- DR is the daily revenue ($)
- DC is the daily costs ($)
To calculate the weekly profit, subtract the daily costs from the daily revenue, then multiply by 7.
How to Calculate Weekly Profit?
The following example problems outline how to calculate Weekly Profit.
Example Problem #1:
- First, determine the daily revenue ($). In this example, the daily revenue ($) is given as 175.
- Next, determine the daily costs ($). For this problem, the daily costs ($) is given as 25.
- Finally, calculate the Weekly Profit using the equation above:
WP = (DR-DC) * 7
The values given above are inserted into the equation below:
WP = (175-25) * 7 = 1050 ($)
Example Problem #2:
The variables needed for this problem are provided below:
daily revenue ($) = 500
daily costs ($) = 60
Entering these values and solving gives:
WP = (500-60) * 7 = 3,080 ($)
