Multi-Item Auction Final Amount

Multi-Item Auction Final Amount Calculator. Image generated by AI

The Multi-Item Auction Final Amount Calculator computes the total auction cost for multiple items, considering individual bid prices, a single buyer's premium percentage, and an optional tax rate. This tool simplifies auction cost analysis by providing a combined bid price and detailed breakdowns of the buyer's premium, tax, and final amount.


Multi-Item Auction Final Amount Calculator


%

%

Items


$
     

Results


$

$

$

$

Calculator

  1. enter the percentage (buyer's premium) applied to all items
  2. input the tax percentage applied to the item(s) cost + buyers premium
  3. enter the winning bid price for the first item
  4. use the "Add Another Item" button to add fields for additional items

Results

  1. the total combined winning bid price
  2. the amount the buyer's premium adds to the combined winning bids cost
  3. tax amount that you have to pay
  4. the total amount owed, including bid prices, buyer's premium, and tax

Example Calculation
Buyer's Premium: 10%
Tax Rate: 8%
Bid Prices: $500, $1,000, $750
Add the item's cost together:
500 + 1000 + 750 = 2250
Combined Bid Price: $2250.00
Calculate the buyer's premium:
2250 * (10 ÷ 100) = 2250 * 0.1 = 225
Total Buyer's Premium: $225.00
Calculate the 8% tax amount on the items cost + buyer's premium:
2250 + 225 = 2475
2475 * (8 ÷ 100) = 2475 * 0.08 = 198
Total Tax Amount: $198.00
2475 + 198 = 2673
Final Total Amount: $2,673.00>

This calculator is ideal for efficiently calculating auction costs for multiple items with consistent buyer's premiums and tax rates.

If you have any questions or comments please Contact Us
Privacy Policy
© 1998, VmNet.