diff --git a/erpnext/stock/doctype/packed_item/packed_item.py b/erpnext/stock/doctype/packed_item/packed_item.py
index 4d05d7a345..02f8e903bb 100644
--- a/erpnext/stock/doctype/packed_item/packed_item.py
+++ b/erpnext/stock/doctype/packed_item/packed_item.py
@@ -259,7 +259,7 @@ def update_product_bundle_rate(parent_items_price, pi_row):
 	if not rate:
 		parent_items_price[key] = 0.0
 
-	parent_items_price[key] += flt(pi_row.rate)
+	parent_items_price[key] += flt(pi_row.rate * pi_row.qty)
 
 
 def set_product_bundle_rate_amount(doc, parent_items_price):