An example of the wall measurement would be: 40 linear feet of bedroom space, x 8 wall height, =  320, x 2 = 640. Minus 1 door (60) and 2 windows (80) = 500 sq feet being painted. Then divide the 500 by 400 (sq feet per gallon), and you get 1.25 gallons (4.73 L) needed for that room. For this, you'd need 1 gallon (3.8 L) and 1 US-quart (950 ml). If the amount it comes out to is over 1.3, we recommend just getting 2 gallons (7.6 L) so that you have leftovers if needed, since 2 US quarts (2,000 ml) costs essentially the same as a gallon in most stores.
According to Craftsman National Estimator, "High time difficulty factors for surface preparation and painting. Painting takes longer when heights exceed 8' above the floor. Productivity is lower when an application requires a roller pole or wand on a spray gun or when work is done from a ladder or scaffold. When painting above 8', apply the following factors:

Stripping – $54–$151/100 sq. ft.. “The principle of paint strippers is penetration of the paint film by the molecules of the active ingredient, causing its swelling; this volume increase causes internal strains, which, together with the weakening of the layer's adhesion to the underlying surface, leads to separation of the layer of the paint from the substrate.”— Wikipedia. All the stripper will do is soften the paint. You’ll still have to scrub or scrape it off.
Most of a projects price is the cost of labor at $25 to $75 per hour. However, most contractors bid out based on the entire project which includes all work hours. Hourly rates are only useful if your pro asks to do the job as “time and materials.” However, be wary of this pricing structure, it usually shows the contractor is uncertain how long the project will take.