Enter the auction set price ($) into the Calculator. The calculator will evaluate the Reserve Price. 

Reserve Price Formula

RP = ASP * .50

Variables:

  • RP is the Reserve Price ($)
  • ASP is the auction set price ($)

To calculate Reserve Price, multiply the auction set price by 50%.

How to Calculate Reserve Price?

The following steps outline how to calculate the Reserve Price.

  1. First, determine the auction set price ($). 
  2. Next, gather the formula from above = RP = ASP * .50.
  3. Finally, calculate the Reserve Price.
  4. 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.

Auction set price ($) = 2000