Enter the conveyance rate (%) and the total purchase amount ($) into the Calculator. The calculator will evaluate the Conveyance Cost. 

Conveyance Cost Formula

CONV = CR/100 * TA

Variables:

  • CONV is the Conveyance Cost ($)
  • CR is the conveyance rate (%)
  • TA is the total purchase amount ($)

To calculate the Conveyance Cost, divide the conveyance percent rate by 100, then multiply by the purchase amount.

How to Calculate Conveyance Cost?

The following steps outline how to calculate the Conveyance Cost.

  1. First, determine the conveyance rate (%). 
  2. Next, determine the total purchase amount ($). 
  3. Next, gather the formula from above = CONV = CR/100 * TA.
  4. Finally, calculate the Conveyance Cost.
  5. 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.

conveyance rate (%) = 0.5

total purchase amount ($) = 200000