Enter the total cost and the number of coins into the calculator to determine the price per coin. This calculator helps in understanding the value of individual coins when purchased in bulk.
Price Per Coin Formula
The following formula is used to calculate the price per coin.
PPC = TC / NC
Variables:
- PPC is the price per coin ($)
- TC is the total cost ($)
- NC is the number of coins
To calculate the price per coin, divide the total cost by the number of coins.
What is Price Per Coin?
Price per coin is a measure of the cost of an individual coin when multiple coins are purchased at once. It is a common metric used by investors and collectors to evaluate the cost-effectiveness of bulk purchases of coins, whether for numismatic collections or for investment in cryptocurrency.
How to Calculate Price Per Coin?
The following steps outline how to calculate the Price Per Coin.
- First, determine the total cost (TC) of the coins in dollars.
- Next, determine the number of coins (NC) purchased.
- Next, gather the formula from above = PPC = TC / NC.
- Finally, calculate the Price Per Coin (PPC) in dollars.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
Total cost (TC) = $500
Number of coins (NC) = 100
