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Home/ Questions/Q 7419215
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Editorial Team
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Editorial Team
Asked: May 29, 20262026-05-29T08:01:27+00:00 2026-05-29T08:01:27+00:00

I have the following script in my magento root directory for updating the prices

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I have the following script in my magento root directory for updating the prices of all products in the store which was kindly suggested by a stack overflow member: This adds 3% to all product prices but does not round the number ?

<?php 
require 'app/Mage.php';
Mage::app();

$products = Mage::getModel('catalog/product')->getCollection();
foreach ($products as $product) {
    $product->setPrice($product->getPrice()* 1.03);
    $product->save();
}
?>

I have tried some php code such as ceil and round but don’t really know how to make it work with this code , any help would be appreciated many thanks

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  1. Editorial Team
    Editorial Team
    2026-05-29T08:01:28+00:00Added an answer on May 29, 2026 at 8:01 am
    <?php
    require 'app/Mage.php';
    Mage::app();
    $products = Mage::getModel('catalog/product')->getCollection()
        ->addAttributeToSelect('price')
        ;
    foreach ($products as $product) {
        $oldPrice = $product->getPrice();
        $increase = 1.03;
        $newPrice = round($oldPrice * $increase , 1);// rounds to the nearest $0.10
                                                     // so $183.34 rounds to $183.30
        $product->setPrice($newPrice);
        $product->save();
    }
    

    You don’t need to close the PHP tag if you don’t want to write inline HTML.

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