Inclusive Price Calculator

What is Inclusive Price?

The inclusive price (IP) is the total price of an item, including the base price (BP) and the total taxes (T). It represents the final amount a customer needs to pay.

Formula

The formula to calculate the inclusive price (IP) is:

\[ IP = BP + T \]

Where:

$ IP $ is the inclusive price ($).
$ BP $ is the base price ($).
$ T $ is the total taxes ($).

Example

Let's say the base price (BP) is $100, and the total taxes (T) are $15. Using the formula:

\[ IP = 100 + 15 = 115 \text{ dollars} \]

So, the inclusive price (IP) is $115.