Price per kilogram calculator
Price per kilogram definition
Price per kilogram formula
Price per kilogram = Total price per unit / Total weight per unit
Where,
Price per kilogram is the price per one kilogram given in dollars,
Total price per unit is the price which you paid per whole article,
Total weight per unit is the weight of the whole article you bought.
Price per kilogram examples
So, what about calculating the price per kilogram in practice? Here is a quick example for you which will explain everything.
For instance, you bought 3 kilograms of potatoes for 4.39$. Now you want to know the price per kilogram. So let’s follow the explanation we showed you above and divide the total price per unit by the total weight per unit in kilograms.
Price per kilogram = Total price per unit / Total weight per unit
Now put the data to the formula. It will look like this:
Price per kilogram = 4.39 / 3
Make the calculations. You can divide it in mind or use a calculator. After it, you will get the result, the price per kilogram.
1.4633 = 4.39 / 3
The last thing to do is rounding off the result to two decimal places, because all prices are given in the form like that.
1.46 ≈ 1.4633 = 4.39 / 3
3 kilograms of potatoes cost 4.39$, so how much does it cost per one kg? The cost per kg is 1.46$.
Price per kilogram examples in Excel
Are you looking for a solution to calculate price per kilogram in Excel? Here you are. We have the price per kilogram formula in Excel for you. See it below and use Excel as a price per kilogram calculator.
For instance, you bought 6 kilograms of laundry powder for 50.65$.
Your problem is that you are looking for the price per kilogram of laundry powder.
Your solution is an Excel formula, see it below.
Price per kilogram = Total price per unit / Total weight per unit
So, put the data into a formula. Your total price per unit is 50.65$, in turn, your total weight per unit is 6 kilograms.
Price per kilogram = 50.65 / 6
To see the result, that is the price per kilogram, just press ‘enter’. Excel will make calculations for you.
8.44167 = 50.65 / 6
The price should be rounded off to two decimal places, so use “ROUNDUP” or “ROUNDDOWN” functions in Excel to round it off and get the final result.
8.44 ≈ 8.44167 = 50.65 / 6
So, now you know that the price per kilogram is 8.44$. All thanks to using a simple Excel formula.
Price per kilogram explanation
Follow the steps below to quickly calculate price per kilogram.
Step 1: Firstly, determine the total cost per unit. It is the price which you paid for the whole package of product.
Step 2: Next, determine the total weight per unit. It is the weight of the whole package of this product.
Step 3: Finally, calculate the price per kilogram by dividing the total price per unit (step 1) by the total weight per unit (step 2). To make it, use the price per kilogram formula given below:
Price per kilogram = Total price per unit / Total weight per unit
Price per kilogram FAQ
It’s time for a quick reminder of the price per kilogram. See the FAQ section below.
How to calculate price per kilogram? Divide the total price per unit by the total weight per unit to get the price per kilogram.
Sources:
https://en.wikipedia.org/wiki/Price