Total Revenue Calculator

✖Cost of Profit in accounting is an income distributed to the owner in a profitable market production process.ⓘ Cost of Profit [P]			+10% -10%
✖Fixed Cost are the cost that does not change with an increase or decrease in the number of goods or services produced or sold.ⓘ Fixed Cost [FC]			+10% -10%
✖Total Variable Cost refers to the cost which varies when the output varies or changes.ⓘ Total Variable Cost [TVC]			+10% -10%

✖Total Revenue is the total receipts a seller can obtain from selling goods or services to buyers.ⓘ Total Revenue [TR]

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Total Revenue Solution

STEP 0: Pre-Calculation Summary

Formula Used

Total Revenue = Cost of Profit+(Fixed Cost+Total Variable Cost)
TR = P+(FC+TVC)
This formula uses 4 Variables

Variables Used

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.
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.
Total Variable Cost - Total Variable Cost refers to the cost which varies when the output varies or changes.

STEP 1: Convert Input(s) to Base Unit

Cost of Profit: 500 --> No Conversion Required
Fixed Cost: 2000 --> No Conversion Required
Total Variable Cost: 1500 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

TR = P+(FC+TVC) --> 500+(2000+1500)

Evaluating ... ...

TR = 4000

STEP 3: Convert Result to Output's Unit

4000 --> No Conversion Required

FINAL ANSWER

4000 <-- Total Revenue

(Calculation completed in 00.004 seconds)

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Credits

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 Revenue Formula

LaTeX Go

Total Revenue = Cost of Profit+(Fixed Cost+Total Variable Cost)
TR = P+(FC+TVC)

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 Revenue?

Total Revenue calculator uses Total Revenue = Cost of Profit+(Fixed Cost+Total Variable Cost) to calculate the Total Revenue, The Total Revenue formula is defined as the total receipts a seller can obtain from selling goods or services to buyers. The function of TR is graphed as a downward opening parabola due to the concept of elasticity of demand. Total Revenue is denoted by TR symbol.

How to calculate Total Revenue using this online calculator? To use this online calculator for Total Revenue, enter Cost of Profit (P), Fixed Cost (FC) & Total Variable Cost (TVC) and hit the calculate button. Here is how the Total Revenue calculation can be explained with given input values -> 4000 = 500+(2000+1500).

FAQ

What is Total Revenue?

The Total Revenue formula is defined as the total receipts a seller can obtain from selling goods or services to buyers. The function of TR is graphed as a downward opening parabola due to the concept of elasticity of demand and is represented as TR = P+(FC+TVC) or Total Revenue = Cost of Profit+(Fixed Cost+Total Variable Cost). Cost of Profit in accounting is an income distributed to the owner in a profitable market production process, Fixed Cost are the cost that does not change with an increase or decrease in the number of goods or services produced or sold & Total Variable Cost refers to the cost which varies when the output varies or changes.

How to calculate Total Revenue?

The Total Revenue formula is defined as the total receipts a seller can obtain from selling goods or services to buyers. The function of TR is graphed as a downward opening parabola due to the concept of elasticity of demand is calculated using Total Revenue = Cost of Profit+(Fixed Cost+Total Variable Cost). To calculate Total Revenue, you need Cost of Profit (P), Fixed Cost (FC) & Total Variable Cost (TVC). With our tool, you need to enter the respective value for Cost of Profit, Fixed Cost & Total Variable Cost and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

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