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