Price Increase Calculator
To determine the new price after an increase, multiply the original price by (1 + percentage increase ÷ 100).
This calculator helps you calculate the new price after a percentage increase. Whether you’re adjusting product costs, tracking inflation, or estimating salary growth, knowing how to apply a percentage increase is essential.
If you work in business, finance, or real estate, this tool simplifies the process—just enter the values, and the result appears instantly.
Formula:
The formula for price increase is:
| Symbol | Meaning |
|---|---|
| NP | New Price ($) |
| OP | Original Price ($) |
| i | Percentage Increase (%) |
What is Price Increase?
A price increase occurs when the cost of a product, service, or investment rises over time. This happens due to inflation, demand, or higher production costs.
For example, if a product costs $50 and increases by 10%, the new price will be:
This concept is useful in salary adjustments, stock market trends, and business pricing strategies.
Final Thoughts:
Simply put, increasing a price by a percentage is straightforward with the right formula. This calculator makes it fast and effortless to determine new prices in finance, business, and everyday budgeting.
FAQs:
1. How do you calculate a price increase?
Multiply the original price by (1 + percentage increase ÷ 100) to get the new price.
2. How do you calculate a 7% price increase?
Multiply the current price by 1.07 to get the updated price.
3. How to apply a 5% price increase?
Use NP = OP × 1.05, where OP is the original price.