Enter the total auction sell price ($) and the auction fee (%) into the Auction Cost Calculator. The calculator will evaluate and display the Auction Cost.

## Auction Cost Formula

The following formula is used to calculate the Auction Cost.

AUC = SP * AF/100

- Where AUC is the Auction Cost ($)
- SO is the total auction sell price ($)
- AF is the auction fee (%)

To calculate auction cost, multiply the sell price by the auction fee percentage over 100.

## How to Calculate Auction Cost?

The following example problems outline how to calculate Auction Cost.

Example Problem #1:

- First, determine the total auction sell price ($). The total auction sell price ($) is given as 400.
- Next, determine the auction fee (%). The auction fee (%) is provided as 20.
- Finally, calculate the Auction Cost using the equation above:

AUC = SP * AF/100

The values given above are inserted into the equation below:

AUC = 400 * 20/100 = 80 ($)

Example Problem #2:** **

The variables needed for this problem are provided below:

total auction sell price ($) = 600

auction fee (%) = 10

Entering these values and solving gives:

AUC = SP * AF/100 = 60.00 ($)