Price per pound to price per metric ton calculator

Published: 4/6/2022 Last updated: 4/6/2022
The price per pound to price per metric ton calculator is a tool thanks to which you will be able to quickly and easily convert price per pound to price per metric ton. Know cost per metric ton here.
Price per pound to price per metric ton calculator

Price per pound to price per metric ton definition

What is the price per pound to price per metric ton? The price per pound to price per metric ton is the price per one pound given in dollars converted to the price per metric ton given in dollars.

Price per pound to price per metric ton formula

How to calculate price per pound to price per metric? You need to know the price per pound and the number of metric tons in one pound to calculate it. Then just divide the price per pound by the number of metric tons in one pound. The obtained result will be the price per pound.

Price per metric ton = Price per pound / Number of metric tons in one pound

Where,

  • Price per metric ton is the price per one metric ton of a particular product,

  • Price per pound is the price per one pound of this product,

  • Number of metric tons in one pound is just 0.00045359237.


So, the updated formula looks like this:

Price per metric ton = Price per pound / 0.00045359237

Price per pound to price per metric ton examples

How to calculate price per pound to price per metric ton? We are sure that an example will be the best way to explain it, so have a look.

For instance, you want to buy carbon. The price per pound is about 0.04$. You want to know how much you will pay for a metric ton. So divide the price per pound by the number of metric tons in one pound, that is 0.00045359237.

Solution:

Divide the price per pound by 0.00045359237.

Price per metric ton = Price per pound / 0.00045359237

Put the data in this formula now.

Price per metric ton = 0.04 / 0.00045359237

Calculate the result. It will be better to use a calculator because of the many decimal places.

88.1853656 = 0.04 / 0.00045359237

Now round it off to two decimal places to get the final result, that is the price per metric ton.

88.19 ≈ 88.1853656 = 0.04 / 0.00045359237

So if the price per pound of carbon is about 0.04$, what is the price per metric ton? The price per metric ton is 88.19$.

Price per pound to price per metric ton examples in Excel

There is no need to convert price per pound to price per metric ton on your own. You can make it in Excel, too. You need only one thing – cost per pound to cost per metric ton Excel formula.

For example, the pound of gold costs about 18 200 dollars.

Your problem is that you want to know what the price per metric ton is.

Your solution is a price per pound to price per metric ton Excel formula.

Price per metric ton = Price per pound / 0.00045359237

So put the data into this formula. Your price per pound is 18 200.

Price per metric ton = 18 200 / 0.00045359237

To calculate it, just click the ‘enter’ on your keyboard.

40 124 341.4 = 18 200 / 0.00045359237

Now pick “ROUNDUP” or “ROUNDDOWN” functions in Excel to round it off to two decimal places. Then you will see the price per metric ton.

40 124 341.40 ≈ 40 124 341.4 = 18 200 / 0.00045359237

So thanks to this Excel formula, you know the answer – the price per metric ton is 40 124 341.40 dollars, so about 40.120 million dollars.

Price per pound to price per metric ton explanation

To convert price per pound to price per metric ton, just follow the steps below:

  1. Step 1: First, know the price per pound. It is the price per one pound you paid for some kind of product.

  2. Step 2: Second, know the number of metric tons in one pound. It is a constant number equal to 0.00045359237.

  3. Step 3: Finally, calculate the price per metric ton. Divide the price per pound (step 1) by the number of metric tons in one pound (step 2). Use the price per pound to price per metric ton formula given below:


Price per metric ton = Price per pound / 0.00045359237

Price per pound to price per metric ton FAQ

At the end, you can check how much you remember about price per pound to price per metric ton after reading this article. FAQ section is down below:

  1. How to convert cost per pound to cost per metric ton? Divide the price per metric ton by the number of metric tons in one pound to get the price per pound.


Sources:

https://en.wikipedia.org/wiki/Pound_(mass)

https://en.wikipedia.org/wiki/Tonne

https://pl.wikipedia.org/wiki/Price

https://en.wikipedia.org/wiki/Unit_price