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.

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## 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**

- 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 .
- Next, determine the total price per pound ($/lb). For this problem, the total price per pound ($/lb) is given as 3 .
- Next, determine the total cost per pound ($/lb). In this case, the total cost per pound ($/lb) is found to be 2.
- 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** **($)