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)

## 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 (\$)