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

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 (%) 

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 ($)