Total Price Calculator

Formula

The formula to calculate the Total Price (TP) is:

\[ TP = I \times API \]

Where:

$ TP $ is the Total Price ($)
$ I $ is the number of items purchased
$ API $ is the average price per item ($)

What is Total Price?

Total Price refers to the overall cost for purchasing a certain number of items at a given average price per item. It’s the product of the quantity of items and the price per item, providing a quick way to determine how much will be spent in total.

Example Calculation

Let's assume the following values:

Number of Items Purchased = 10
Average Price Per Item = $15

Using the formula to calculate the Total Price:

\[ TP = 10 \times 15 = 150 \text{ dollars} \]

The Total Price is $150.