Enter the original price and the percentage change into the calculator to determine the adjusted price. This calculator helps in determining the new price after applying a discount or markup percentage.
Price Adjustment Formula
The following formula is used to calculate the adjusted price.
AP = OP * (1 + (PC / 100))
Variables:
- AP is the adjusted price
- OP is the original price
- PC is the percentage change
To calculate the adjusted price, multiply the original price by one plus the percentage change divided by 100.
What is Price Adjustment?
Price adjustment refers to the change in the price of a product or service due to various factors such as discounts, markups, inflation, or market demand. It is a common practice in retail and commerce to adjust prices to remain competitive or to reflect the cost of production and supply. Understanding how to calculate price adjustments is crucial for businesses and consumers alike to make informed financial decisions.
How to Calculate Price Adjustment?
The following steps outline how to calculate the adjusted price.
- First, determine the original price (OP) of the product or service.
- Next, determine the percentage change (PC) that will be applied to the original price. Use a positive value for a markup or a negative value for a discount.
- Next, gather the formula from above = AP = OP * (1 + (PC / 100)).
- Finally, calculate the adjusted price (AP).
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
Original price (OP) = $50.00
Percentage change (PC) = 10%