THE NUMBERS, EXPLAINED
How to use this calculator.
One uniform commission on total receipts. Sold and returned works are disjoint; negative settlement means the entered advance exceeds current earned proceeds.
Start with your inputs
Enter works consigned (count), works sold (count), works returned (count), total sold-work receipts (currency), consignment commission (%), paid artist advance (currency). Keep amounts in the units shown on each field. The example is a starting point, not a recommended value.
| Input | Example value |
|---|---|
| Works consigned (count) | 10 |
| Works sold (count) | 4 |
| Works returned (count) | 3 |
| Total sold-work receipts (currency) | 2000 |
| Consignment commission (%) | 30 |
| Paid artist advance (currency) | 500 |
A worked example
With the example inputs above, works still held on consignment is 3. Change the inputs to explore your own scenario.
| Result | Example answer |
|---|---|
| Works still held on consignment | 3 |
| Earned artist proceeds (currency) | 1,400 |
| Settlement balance due to artist (currency) | 900 |
How this is calculated
Works still held on consignment
Subtract sold and returned works from initial inventory.
Earned artist proceeds (currency)
Subtract gallery commission from receipts.
Settlement balance due to artist (currency)
Subtract advance already paid from earned proceeds.
Symbols and units
- a
- Works consigned (count)
- b
- Works sold (count)
- c
- Works returned (count)
- d
- Total sold-work receipts (currency)
- e
- Consignment commission (%)
- f
- Paid artist advance (currency)
Use the units shown. A list keeps the order in which you enter its values. The symbol ^ means “raised to the power of”.
Assumptions and limits
One uniform commission on total receipts. Sold and returned works are disjoint; negative settlement means the entered advance exceeds current earned proceeds.
Calculations use the values you enter. Blank or invalid inputs show an error instead of silently substituting zero. Results are displayed to useful precision; calculations retain the underlying numeric precision.
Questions about this tool
What does the result tell me?
Works still held on consignment; Earned artist proceeds (currency); Settlement balance due to artist (currency). The result applies to the method and inputs described above. Check the units and assumptions before using it in a decision.
Why might another calculator differ?
Differences in units, rounding, timing or model definitions can produce different answers. Compare the input definitions and the method, rather than only the final number. For this tool: One uniform commission on total receipts. Sold and returned works are disjoint; negative settlement means the entered advance exceeds current earned proceeds.
Are my inputs stored or sent to AI?
Calculations on this page happen in your browser. The separate AI question finder sends its submitted conversation to OpenAI; these calculator fields are not sent. Favourites and recent tool names are stored locally. A shared link contains the inputs you choose to include.
Further reading
OpenStax Prealgebra 2e — arithmetic and proportions ↗
Background reading; this does not imply endorsement or independent review of SumFizz.
Review status
Software example and browser checks are recorded in our quality report. No external expert review is claimed. Created with coding assistance; calculations run as ordinary browser code.
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