Enter the price variance ($) and the average total price ($) into the Calculator. The calculator will evaluate the Price Variance Percentage.

## Price Variance Percentage Formula

PVP = PV / TP * 100

Variables:

• PVP is the Price Variance Percentage (%)
• PV is the price variance ($) • TP is the average total price ($)

To calculate the Price Variance Percentage, divide the price variance by the average total price, then multiply by 100.

## How to Calculate Price Variance Percentage?

The following steps outline how to calculate the Price Variance Percentage.

1. First, determine the price variance ($). 2. Next, determine the average total price ($).
3. Next, gather the formula from above = PVP = PV / TP * 100.
4. Finally, calculate the Price Variance Percentage.
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.

price variance ($) = 60 average total price ($) = 100