Popcorn Profit Calculator

Formula

The formula to calculate the Popcorn Profit (PP) is:

\[ PP = PB \times B - C \]

Where:

Popcorn Profit (PP): The total profit from selling popcorn.
Price per Bag (PB): The price at which each bag of popcorn is sold.
Number of Bags Sold (B): The total number of bags of popcorn sold.
Cost of Kernels (C): The total cost of the kernels used to make the popcorn.
Significance: Popcorn profit is an important metric for businesses selling popcorn. It helps in understanding the financial gain from popcorn sales by considering the revenue generated and the costs involved. By analyzing the popcorn profit, businesses can set pricing strategies, manage costs, and make informed decisions to maximize their earnings.

Let's say the price per bag (PB) is $5, the number of bags sold (B) is 200, and the cost of the kernels (C) is $300. Using the formula:

\[ PP = 5 \times 200 - 300 = 700 \]

So, the popcorn profit is $700.