Enter the invoice cost ($) and the profit margin (%) into the Invoice Price Calculator. The calculator will evaluate and display the Invoice Price.

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## Invoice Price Formula

The following formula is used to calculate the Invoice Price.

IP = IC + IC * PM/100

- Where IP is the Invoice Price ($)
- IC is the invoice cost ($)
- PM is the profit margin (%)

To calculate the invoice price, multiply the invoice cost by the profit margin, then add the result to the invoice cost.

## How to Calculate Invoice Price?

The following example problems outline how to calculate Invoice Price.

Example Problem #1:

- First, determine the invoice cost ($).
- The invoice cost ($) is given as: 1,500.

- Next, determine the profit margin (%).
- The profit margin (%) is provided as: 10.

- Finally, calculate the Invoice Price using the equation above:

IP = IC + IC * PM/100

The values given above are inserted into the equation below:

IP = 1500 + 1500 * 10/100 = 1,650.00 ($)

Example Problem #2:** **

For this problem, the variables needed are provided below:

invoice cost ($) = 7,000

profit margin (%) = 30

This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.

IP = IC + IC * PM/100** = ?**