• TMC is the total marble cost ($) • WP is the weight purchased (lbs) To calculate marble price, divide the total marble cost by the weight of marble purchased. ## How to Calculate Marble Price? The following example problems outline how to calculate Marble Price. Example Problem #1: 1. First, determine the total marble cost ($).
1. The total marble cost ($) is given as: 6,000 . 2. Next, determine the weight purchased (lbs). 1. The weight purchased (lbs) is provided as: 300. 3. Finally, calculate the Marble Price using the equation above: MP = TMC / WP The values given above are inserted into the equation below: MP = 6,000 / 300 = 20.00 ($/lb)

Example Problem #2:

For this problem, the variables needed are provided below:

total marble cost (\$) = 9000

weight purchased (lbs) = 300

This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.

MP = TMC / WP = ?