Price Formula:
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Definition: This calculator computes the total price of an item based on its weight and the price per unit weight.
Purpose: It helps consumers and businesses determine costs for goods sold by weight, such as food items, raw materials, or bulk products.
The calculator uses the formula:
Where:
Explanation: The weight is multiplied by the price per kilogram to get the total cost.
Details: Accurate price calculation ensures fair transactions, helps with budgeting, and is essential for inventory and cost control in businesses.
Tips: Enter the weight in kilograms and the price per kilogram. All values must be > 0.
Q1: Can I use different weight units?
A: The calculator uses kg by default. For other units, convert to kg first (1000g = 1kg, 2.20462lbs = 1kg).
Q2: What if the price is per 100g instead of per kg?
A: Convert to price per kg first (price per 100g × 10 = price per kg).
Q3: Does this include taxes or discounts?
A: No, this calculates base price only. Apply taxes or discounts separately.
Q4: How precise should the weight measurement be?
A: For expensive items, measure to at least 2 decimal places. For bulk items, whole numbers may suffice.
Q5: Can I calculate price per unit from total price?
A: Yes, use the formula: Unit Price = Total Price ÷ Weight.