Duty Value Calculator

Enter the purchase price ($) and the duty rate (%) into the Calculator. The calculator will evaluate the Duty Value. 

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Duty Value Formula

DV = PP * DR/100

Variables:

• DV is the Duty Value ($)
• PP is the purchase price ($)
• DR is the duty rate (%)

To calculate Duty Value, multiply the purchase price by the duty rate.

How to Calculate Duty Value?

The following steps outline how to calculate the Duty Value.

1. First, determine the purchase price ($). 
2. Next, determine the duty rate (%). 
3. Next, gather the formula from above = DV = PP * DR/100.
4. Finally, calculate the Duty Value.
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.

purchase price ($) = 3003240

duty rate (%) = 23