Enter the total cost and the number of cups into the calculator to determine the price per cup. This calculator helps in budgeting and cost analysis for events or businesses that serve drinks.
Price Per Cup Formula
The following formula is used to calculate the price per cup.
PPC = TC / NC
Variables:
- PPC is the price per cup ($)
- TC is the total cost ($)
- NC is the number of cups
To calculate the price per cup, divide the total cost by the number of cups.
What is Price Per Cup?
Price per cup is a way to determine the cost of each individual cup when buying or selling beverages in bulk. This is particularly useful for businesses like coffee shops, tea houses, or event planners who need to calculate the cost per serving to set appropriate prices or manage budgets.
How to Calculate Price Per Cup?
The following steps outline how to calculate the Price Per Cup.
- First, determine the total cost (TC) of the bulk beverage purchase in dollars.
- Next, determine the number of cups (NC) that can be filled from the bulk purchase.
- Next, gather the formula from above = PPC = TC / NC.
- Finally, calculate the Price Per Cup (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) = $50
Number of cups (NC) = 100
