Enter the number of items purchased and the average price per item ($) into the Total Price Calculator. The calculator will evaluate and display the Total Price. ## Total Price Formula The following formula is used to calculate the Total Price. TP = I * API • Where TP is the Total Price ($)
• I is the number of items purchased
• API is the average price per item ($) To calculate the total price, multiply the number of items purchased by the average price per item. ## How to Calculate Total Price? The following example problems outline how to calculate Total Price. Example Problem #1: 1. First, determine the number of items purchased. 1. The number of items purchased is given as: 250. 2. Next, determine the average price per item ($).
1. The average price per item ($) is provided as: 3. 3. Finally, calculate the Total Price using the equation above: TP = # * API The values given above are inserted into the equation below: TP = 250 * 3 = 750.00 ($)

Example Problem #2:

For this problem, the variables needed are provided below:

number of items purchased = 700

average price per item (\$) = 5

This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.

TP = # * API = ?