Pricing Calc

gistfile1.txt

// The base price entered by the sculpter
$base_price = $result['Sculpture'] ['price']; // 1050

// Default vat rate to 1, changing to the standard 1.2 if vat is applicable.
$vat_rate = 1;
if ($result['Sculpture']['vat'] == 1) {
    $vat_rate = 1.2;
}

// Get the commission rate, stored as a number eg. 33% = 1.33
$commission_rate = $result['Sculpture']['commission_rate']; // 2

// Calculate the commission amount, by multipling the base price by the commission rate then subtracting the base price
$commission_amount = ($base_price * $commission_rate) - $base_price; // 1050

// Calculate the vat amount by multiplying the base price by vat rate then subtracting the base price (always zero if vat rate is 1)
$vat_amount = ($base_price * $vat_rate) - $base_price; // 0

// Add up all of the different amounts
$brochure_price = $base_price + $commission_amount + $vat_amount; // 2100