Enter the initial price ($) and the percentage change (%) into the Final Price Calculator. The calculator will evaluate and display the Final Price.
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Final Price Formula
The following formula is used to calculate the Final Price.
FP = IP - IP*C/100
- Where FP is the Final Price ($)
- IP is the initial price ($)
- C is the percentage change (%)
How to Calculate Final Price?
The following example problems outline how to calculate Final Price.
Example Problem #1:
- First, determine the initial price ($).
- The initial price ($) is given as: 40.
- Next, determine the percentage change (%).
- The percentage change (%) is provided as: 30.
- Finally, calculate the Final Price using the equation above:
FP = IP – IP*C/100
The values given above are inserted into the equation below:
FP = 40- 40*30/100 = 28 ($)
Example Problem #2:
For this problem, the variables needed are provided below:
initial price ($) = 50
percentage change (%) = 70
This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.
FP = IP – IP*C/100 = ?
