About Purchase Price Calculator (Formula)
Certainly, here’s an explanation of the formula for the Purchase Price Calculator without any code:
The Purchase Price Calculator calculates the total cost or purchase price of a set of shares. The formula for calculating the total purchase price (PP) is:
PP = S * APS
Where:
- PP (Total Purchase Price) represents the total cost or expenditure to purchase a certain number of shares.
- S (Total Number of Shares Purchased) represents the total quantity of shares that you have bought.
- APS (Average Price of Shares Purchased) represents the average price per share at which you purchased the shares.
In simpler terms, you multiply the total number of shares purchased by the average price per share to calculate the total amount of money spent on purchasing those shares. This formula helps you determine the overall cost of your investment in shares or stocks.