Enter the total pounds of goat meat sold (lbs), the total price per pound ($/lb), and the total cost per pound ($/lb) into the calculator to determine the Meat Goat Profit.

## Meat Goat Profit Formula

The following formula is used to calculate the Meat Goat Profit.

Pmg = W * (PP-CP)
• Where Pmg is the Meat Goat Profit ($) • W is the total pounds of goat meat sold (lbs) • PP is the total price per pound ($/lb)
• CP is the total cost per pound ($/lb) To calculate the meat goat profit, multiply the total weight of mean by the difference in price and cost per pound of meat. ## How to Calculate Meat Goat Profit? The following example problems outline how to calculate Meat Goat Profit. Example Problem #1 1. First, determine the total pounds of goat meat sold (lbs). In this example, the total pounds of goat meat sold (lbs) is given as 100 . 2. Next, determine the total price per pound ($/lb). For this problem, the total price per pound ($/lb) is given as 3 . 3. Next, determine the total cost per pound ($/lb). In this case, the total cost per pound ($/lb) is found to be 2. 4. Finally, calculate the Meat Goat Profit using the formula above: Pmg = W * (PP-CP) Inserting the values from above yields: Pmg = 100 * (3-2) = 100 ($)

Example Problem #2

The variables needed for this problem are provided below:

total pounds of goat meat sold (lbs) = 150

total price per pound ($/lb) = 5.5 total cost per pound ($/lb) = 3

Entering these values and solving gives:

Pmg = 150 * (5.5-3) = 375 (\$)