
Once all the pricing components mentioned above are determined, the final charge for any ride is calculated using the following equation: Once you combine all these factors together, a ride fare for Uber can be calculated. Suggested: Tip – A rider might voluntarily give the driver a tip, which Uber suggests be at least 15%.Surge Pricing usually occurs when there is heavy traffic or on weekend nights many people use Uber.
/arc-anglerfish-arc2-prod-dmn.s3.amazonaws.com/public/JN6HA6CLLZGOBGPMASOBSGF6YU.jpg)
Surge Pricing (if applicable) – This price refers to the multiplier included when the demand is much more than the supply.Uber Fees – Uber takes a 25% fee to cover administrative costs and gives the drivers 75%.Time of Ride – The duration of the whole journey is charged per minute.Distance of Ride – The app charges per mile, from the pickup point to the dropping-off point, and the rates vary from one Uber city to another.
/arc-anglerfish-arc2-prod-dmn.s3.amazonaws.com/public/VWBDRO2QIUGXKR3DTPDJGMBMI4.jpg)
It includes the pickup price and is calculated based on the distance and duration of the ride.
