Profit for Total Expenses Formula

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Cost of Profit in accounting is an income distributed to the owner in a profitable market production process. Check FAQs
P=TR-(FC+TVC)
P - Cost of Profit?TR - Total Revenue?FC - Fixed Cost?TVC - Total Variable Cost?

Profit for Total Expenses Example

With values
With units
Only example

Here is how the Profit for Total Expenses equation looks like with Values.

Here is how the Profit for Total Expenses equation looks like with Units.

Here is how the Profit for Total Expenses equation looks like.

500Edit=4000Edit-(2000Edit+1500Edit)
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Profit for Total Expenses Solution

Follow our step by step solution on how to calculate Profit for Total Expenses?

FIRST Step Consider the formula
P=TR-(FC+TVC)
Next Step Substitute values of Variables
P=4000-(2000+1500)
Next Step Prepare to Evaluate
P=4000-(2000+1500)
LAST Step Evaluate
P=500

Profit for Total Expenses Formula Elements

Variables
Cost of Profit
Cost of Profit in accounting is an income distributed to the owner in a profitable market production process.
Symbol: P
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Total Revenue
Total Revenue is the total receipts a seller can obtain from selling goods or services to buyers.
Symbol: TR
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Fixed Cost
Fixed Cost are the cost that does not change with an increase or decrease in the number of goods or services produced or sold.
Symbol: FC
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Total Variable Cost
Total Variable Cost refers to the cost which varies when the output varies or changes.
Symbol: TVC
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.

Other formulas in Economics of Project Management category

​Go Total Cost
Tc=FC+TVC
​Go Fixed Cost
FC=Tc-TVC
​Go Total Variable Cost
TVC=Tc-FC
​Go Total Revenue
TR=P+(FC+TVC)

How to Evaluate Profit for Total Expenses?

Profit for Total Expenses evaluator uses Cost of Profit = Total Revenue-(Fixed Cost+Total Variable Cost) to evaluate the Cost of Profit, The Profit for Total Expenses formula is defined as a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something. Profit is calculated as total revenue excluding total expenses. Cost of Profit is denoted by P symbol.

How to evaluate Profit for Total Expenses using this online evaluator? To use this online evaluator for Profit for Total Expenses, enter Total Revenue (TR), Fixed Cost (FC) & Total Variable Cost (TVC) and hit the calculate button.

FAQs on Profit for Total Expenses

What is the formula to find Profit for Total Expenses?
The formula of Profit for Total Expenses is expressed as Cost of Profit = Total Revenue-(Fixed Cost+Total Variable Cost). Here is an example- 500 = 4000-(2000+1500).
How to calculate Profit for Total Expenses?
With Total Revenue (TR), Fixed Cost (FC) & Total Variable Cost (TVC) we can find Profit for Total Expenses using the formula - Cost of Profit = Total Revenue-(Fixed Cost+Total Variable Cost).
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