Total Cost given Profit Calculator

✖Total Revenue is the total receipts a seller can obtain from selling goods or services to buyers.ⓘ Total Revenue [TR]			+10% -10%
✖Cost of Profit in accounting is an income distributed to the owner in a profitable market production process.ⓘ Cost of Profit [P]			+10% -10%

✖Total Cost refers to the cost of equipment at sight, which includes the unloading and loading charges etc.ⓘ Total Cost given Profit [T_c]

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Total Cost given Profit Solution

STEP 0: Pre-Calculation Summary

Formula Used

Total Cost = Total Revenue-Cost of Profit
T_c = TR-P
This formula uses 3 Variables

Variables Used

Total Cost - Total Cost refers to the cost of equipment at sight, which includes the unloading and loading charges etc.
Total Revenue - Total Revenue is the total receipts a seller can obtain from selling goods or services to buyers.
Cost of Profit - Cost of Profit in accounting is an income distributed to the owner in a profitable market production process.

STEP 1: Convert Input(s) to Base Unit

Total Revenue: 4000 --> No Conversion Required
Cost of Profit: 500 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

T_c = TR-P --> 4000-500

Evaluating ... ...

T_c = 3500

STEP 3: Convert Result to Output's Unit

3500 --> No Conversion Required

FINAL ANSWER

3500 <-- Total Cost

(Calculation completed in 00.020 seconds)

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Created by Chandana P Dev

NSS College of Engineering (NSSCE), Palakkad

Chandana P Dev has created this Calculator and 500+ more calculators!

Verified by Mithila Muthamma PA

Coorg Institute of Technology (CIT), Coorg

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< Economics of Project Management Calculators

Profit for Total Expenses

LaTeX Go Cost of Profit = Total Revenue-(Fixed Cost+Total Variable Cost)

Total Variable Cost

LaTeX Go Total Variable Cost = Total Cost-Fixed Cost

Total Cost

LaTeX Go Total Cost = Fixed Cost+Total Variable Cost

Fixed Cost

LaTeX Go Fixed Cost = Total Cost-Total Variable Cost

Total Cost given Profit Formula

LaTeX Go

Total Cost = Total Revenue-Cost of Profit
T_c = TR-P

What are the two categories of Construction Economic Problems?

Economic studies are concerned with the difference in economic results from alternative courses of action. In general, we can classify construction economic problems into the following two types.
1 Primary economic comparison: It implies all the factors influencing the decision are already present. The effects of time are usually irrelevant. It can be further subdivided into two types:
i. Present Economic Studies
ii. Break-even analysis
2 Time-based studies: Time-based studies deal with cash flow forecasting and investment appraisal.

What is the Cost & type of Profits?

Cost is typically the expense incurred for making a product or service that is sold by a company. Price is the amount a customer is willing to pay for a product or service. The cost of producing a product has a direct impact on both the price of the product and the profit earned from its sale.
Businesses use three types of profit to examine different areas of their companies. They are gross profit, operating profit, and net profit.
Gross Profit: Gross profit subtracts the cost of goods sold (COGS) from total sales.
Operating Profit: Operating profit includes both variable and fixed costs.
Net Profit: Net profit includes all costs. It's the most accurate representation of how much money the business is making.

How to Calculate Total Cost given Profit?

Total Cost given Profit calculator uses Total Cost = Total Revenue-Cost of Profit to calculate the Total Cost, The Total Cost given Profit formula is defined as it relates revenue and profit of the product. Since total cost is a summation of fixed cost and total variable cost, the total cost can also be termed TR-profit. Total Cost is denoted by T_c symbol.

How to calculate Total Cost given Profit using this online calculator? To use this online calculator for Total Cost given Profit, enter Total Revenue (TR) & Cost of Profit (P) and hit the calculate button. Here is how the Total Cost given Profit calculation can be explained with given input values -> 3500 = 4000-500.

FAQ

What is Total Cost given Profit?

The Total Cost given Profit formula is defined as it relates revenue and profit of the product. Since total cost is a summation of fixed cost and total variable cost, the total cost can also be termed TR-profit and is represented as T_c = TR-P or Total Cost = Total Revenue-Cost of Profit. Total Revenue is the total receipts a seller can obtain from selling goods or services to buyers & Cost of Profit in accounting is an income distributed to the owner in a profitable market production process.

How to calculate Total Cost given Profit?

The Total Cost given Profit formula is defined as it relates revenue and profit of the product. Since total cost is a summation of fixed cost and total variable cost, the total cost can also be termed TR-profit is calculated using Total Cost = Total Revenue-Cost of Profit. To calculate Total Cost given Profit, you need Total Revenue (TR) & Cost of Profit (P). With our tool, you need to enter the respective value for Total Revenue & Cost of Profit and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

How many ways are there to calculate Total Cost?

In this formula, Total Cost uses Total Revenue & Cost of Profit. We can use 1 other way(s) to calculate the same, which is/are as follows -

Total Cost = Fixed Cost+Total Variable Cost

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