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

## 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 (%)

## How to Calculate Invoice Price?

The following example problems outline how to calculate Invoice Price.

Example Problem #1:

1. First, determine the invoice cost (\$).
1. The invoice cost (\$) is given as: 1,500.
2. Next, determine the profit margin (%).
1. The profit margin (%) is provided as: 10.
3. 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 = ?