Price Elasticity of Demand Calculator

Use our price elasticity of demand calculator to calculate the change in the demand for goods and services.


Price Elasticity of Demand:


Initial Revenue:
Final Revenue:
Revenue Growth:
Learn how we calculated this below

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Price Elasticity of Demand Formula

PED = \frac{Q_{1} − Q_{0}}{Q_{1} + Q_{0}} \div \frac{P_{1} − P_{0}}{P_{1} + P_{0}}

P0 = initial price
P1 = final price
Q0 = initial quantity
Q1 = final quantity