Final Cost Calculator

Enter the initial cost ($) and the percentage change (%) into the Final Cost Calculator. The calculator will evaluate and display the Final Cost. 

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Final Cost Formula

The following formula is used to calculate the Final Cost. 

FC = IC + IC * PC/100

• Where FC is the Final Cost ($)
• IC is the initial cost ($) 
• PC is the percentage change (%) 

To calculate the final cost, multiply the initial cost by the percentage increase, then add the initial cost to this result.

How to Calculate Final Cost?

The following example problems outline how to calculate Final Cost.

Example Problem #1:

1. First, determine the initial cost ($). The initial cost ($) is given as 50.
2. Next, determine the percentage change (%). The percentage change (%) is provided as 20.
3. Finally, calculate the Final Cost using the equation above: 

FC = IC + IC * PC/100

The values given above are inserted into the equation below:

FC = 50 + 50* 20/100 = 60.00 ($)

Example Problem #2: 

The variables needed for this problem are provided below:

initial cost ($) = 100

percentage change (%) = 40

Entering these values and solving gives:

FC = IC + IC * PC/100 = 140.00 ($)