Enter the total price and the weight of the item in pounds into the calculator to determine the price per hundredweight (cwt).
Price Per Cwt Formula
The following formula is used to calculate the price per cwt.
Price Per Cwt = (Total Price / Weight) * 100
Variables:
- Total Price ($) is the total cost of the item or items.
- Weight (pounds) is the total weight of the item or items.
- Price Per Cwt ($/cwt) is the price per hundredweight.
To calculate the price per cwt, divide the total price by the weight in pounds and then multiply by 100 to convert to per hundredweight.
What is Price Per Cwt?
Price per cwt, or cost per hundredweight, is a measure used to compare the cost efficiency of different products or commodities that have varying weights. It is commonly used in industries such as agriculture, shipping, and wholesale purchasing. This unit of measure allows for a standardized comparison by pricing items per 100 pounds, regardless of their total weight.
How to Calculate Price Per Cwt?
The following steps outline how to calculate the Price Per Cwt.
- First, determine the total price ($) of the item or items.
- Next, determine the total weight (pounds) of the item or items.
- Use the formula from above to calculate the Price Per Cwt.
- Finally, calculate the Price Per Cwt ($/cwt).
- 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 Price ($) = $250
Weight (pounds) = 150 pounds
