Spent fuels (SFs) are stored in a storage pool after discharge from nuclear power plants. They can be transferred to for the further processes such as dry storage sites, processing plants, or disposal sites. One of important measures of SF is the burnup. Since the radioactivity of SF is strongly dependent on its burnup, the burnup of SF should be well estimated for the safe management, storage, and final disposal. Published papers about the methodology for the burnup estimation from the known activities of important radioactive sources are somewhat rare. In this study, we analyzed the dependency of the burnup on the important radiation source activities using ORIGEN-ARP, and suggested simple correlations that relate the burnup and the important source activities directly. A burnup estimation equation is suggested for PWR fuels relating burnup with total neutron source intensity (TNSI), initial enrichment, and cooling time. And three burnup estimation equations for major gamma sources, 137Cs, 134Cs, and 154Eu are also suggested.