Retrieve arithmetic from column and use it to calculate a value

Assume the following data:

TABLE articles
id          price
-----------------
1           100
2           200

TABLE conditions
id          modifier
-----------------
EXW         *1
FCA         *1.5
OT1         +125
OT2         *1.5+100

What I would like returned is this:

id          price         condition
----------------------------------
1           100           EXW
2           200           EXW
1           150           FCA
2           300           FCA
1           225           OT1
2           325           OT1
1           250           OT2
2           400           OT2

Basically, the code should take the price and the modifier (which is basically an incomplete formula) and execute it. The formula would likely require a slightly different format (perhaps price*1.5 or for more complex variations (price + 100) * 1.5

The alternative solution using only a multiplier and addition would be fairly simple, but things could get messy if division or multiple operations would be required (addition and then multiplication of that - see above example).

I am using SQLite 3.8.8.2 but I would be interested in implementations in other databases.