Bid Rate Calculator

Calculate Bid Rate



Formula

The formula to calculate the bid rate is:

\[ \text{BR} = \left( \frac{\text{BAS}}{\text{SP}} \right) \times 100 \]

Where:

Example Calculation

Let's consider an example:

Using the formula to calculate the bid rate:

\[ \text{BR} = \left( \frac{5}{100} \right) \times 100 = 5\% \]

This demonstrates that a bid-ask spread of 5 with a sales price of 100 results in a bid rate of 5%. ✅