Enter the cost price ($) and the profit margin ($) into the Calculator. The calculator will evaluate the Price Rate. 

Price Rate Formula

PR = CP + PM

Variables:

  • PR is the Price Rate ($)
  • CPI is the cost price ($)
  • PM is the profit margin ($)

To calculate the Price Rate, add the cost price and the profit margin together.

How to Calculate Price Rate?

The following steps outline how to calculate the Price Rate.

  1. First, determine the cost price ($). 
  2. Next, determine the profit margin ($). 
  3. Next, gather the formula from above = PR = CP + PM.
  4. Finally, calculate the Price Rate.
  5. 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.

cost price ($) = 20

profit margin ($) = 30