Price Variance Percentage Calculator

Calculate Price Variance Percentage



Formula

The formula to calculate the price variance percentage (PVP) is:

\[ PVP = \frac{PV}{TP} \times 100 \]

Where:

Definition

Example

Let's say the price variance (PV) is $200 and the average total price (TP) is $1000. Using the formula:

\[ PVP = \frac{200}{1000} \times 100 \]

We get:

\[ PVP = 20\% \]

So, the price variance percentage is 20%.