Calculate the relative price of a product based on various factors such as base price, cost, and desired profit margin.
Learn how to use the Relative Price Calculator calculator and its working principles
The calculator uses the formula: Relative Price = (Variable Cost + Fixed Cost) × (1 + Desired Profit Margin / 100). This formula ensures that your price covers all costs and provides the desired profit margin.
If your base price is $50, variable costs are $20, fixed costs are $10, and you want a 30% profit margin, the calculator will determine that your relative price should be $56.67 to achieve your desired profit.