Enter the daily revenue ($) and the daily costs ($) into the calculator to determine the Weekly Profit.
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 ($)
How to Calculate Weekly Profit?
The following example problems outline how to calculate Weekly Profit.
Example Problem #1:
- First, determine the daily revenue ($). 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 ($)
