Enter the item purchase price (\$) and the restocking percentage (%) into the Restocking Fee Calculator. The calculator will evaluate the Restocking Fee.

## Restocking Fee Formula

The following two example problems outline the steps and information needed to calculate the Restocking Fee.

RF = PP * RP / 100

Variables:

• RF is the Restocking Fee (\$)
• PP is the item purchase price (\$)
• RP is the restocking percentage (%)

## How to Calculate Restocking Fee?

The following steps outline how to calculate the Restocking Fee.

1. First, determine the item purchase price (\$).
2. Next, determine the restocking percentage (%).
3. Next, gather the formula from above = RF = PP * RP / 100.
4. Finally, calculate the Restocking Fee.
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.

item purchase price (\$) = 100

restocking percentage (%) = 10

RF = PP * RP / 100 = ?