The formula to calculate Chia Profit is:
\[ \text{CHP} = \text{CR} - \text{CC} \]
Where:
Chia profit is the net income generated from Chia farming, calculated by subtracting the total costs associated with Chia farming from the total revenue earned. This metric helps farmers and investors understand the profitability of their Chia farming operations.
Let's assume the following values:
Using the formula:
\[ \text{CHP} = 5000 - 3000 = 2000 \]
The Chia Profit is $2000.
Let's assume the following values:
Using the formula:
\[ \text{CHP} = 7000 - 4500 = 2500 \]
The Chia Profit is $2500.