Job Profit Calculator

Formula

The formula to calculate the Job Profit is:

\[ JP = JR - JC \]

Where:

$ JP $ is the Job Profit ($)
$ JR $ is the job revenue ($)
$ JC $ is the job cost ($)

What is Job Profit?

Job Profit is the amount of money earned from a job after subtracting the costs associated with completing the job. It is an important metric for businesses to understand their profitability and make informed financial decisions.

Example Calculation

Let's assume the following values:

Job Revenue (JR) = $10,000
Job Cost (JC) = $7,000

Using the formula to calculate the Job Profit:

\[ JP = 10,000 - 7,000 = 3,000 \]

The Job Profit is $3,000.