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.

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