The formula to calculate the Crypto Profit is:
\[ P_c = (SP - PP) \times C \]
Where:
Crypto profit is the financial gain obtained from selling cryptocurrency at a higher price than the purchase price. It is calculated by subtracting the purchase price from the selling price and then multiplying by the number of coins. This helps investors understand their earnings from cryptocurrency investments.
Example:
Step 1: Calculate the crypto profit:
\[ P_c = (75 - 50) \times 100 = 25 \times 100 = 2500 \text{ dollars} \]
