Garage Sale Value Calculator

Formula

The formula to calculate the total value (V) is:

\[ V = N \cdot P \]

Where:

\( V \) is the total value of the items.
\( N \) is the number of items.
\( P \) is the average price per item.

Definitions

Total Value (V): The total monetary value of all items sold.
Number of Items (N): The total quantity of items being sold.
Average Price per Item (P): The average cost of each individual item.

Example

Let's say the number of items is 50 and the average price per item is $2. Using the formula:

\[ V = 50 \cdot 2 \]

We get:

\[ V = 100 \]

So, the total value (\( V \)) is $100.

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