Enter the bid-ask spread ($) and the sales price ($) into the Calculator. The calculator will evaluate the Bid Rate.

## Bid Rate Formula

BR = BAS / SP * 100

Variables:

- BR is the Bid Rate (%)
- BAS is the bid-ask spread ($)
- SP is the sales price ($)

To calculate Bid Rate, divide the bid-ask spread by the sales price, then multiply by 100.

## How to Calculate Bid Rate?

The following steps outline how to calculate the Bid Rate.

- First, determine the bid-ask spread ($).
- Next, determine the sales price ($).
- Next, gather the formula from above = BR = BAS / SP * 100.
- Finally, calculate the Bid Rate.
- After inserting the variables and calculating the result, check your answer with the calculator above.

**Example Problem : **

Use the following variables as an example problem to test your knowledge.

bid-ask spread ($) = 3

sales price ($) = 100