Final Price Calculator

Formula

The formula to calculate the final price (FP) is:

\[ FP = IP - IP \times \frac{C}{100} \]

Where:

$FP$ is the Final Price ($)
$IP$ is the initial price ($)
$C$ is the percentage change (%)

What is Final Price?

The final price is the amount you pay after applying a percentage change (such as a discount or markup) to the initial price. This calculation is useful for determining the cost of an item after a sale or price adjustment.

Example Calculation

Let's assume the following values:

Initial Price (IP) = $100
Percentage Change (C) = 20%

Using the formula to calculate the final price (FP):

\[ FP = IP - IP \times \frac{C}{100} = 100 - 100 \times \frac{20}{100} = 100 - 20 = 80 \]

The Final Price (FP) is $80.