• CS is the total cost of silver ($) • W is the total weight of silver (g) To calculate the silver price, divide the total cost of the unit of silver by the weight of the unit of silver. ## How to Calculate Silver Price? The following example problems outline how to calculate Silver Price. Example Problem #1: 1. First, determine the total cost of silver ($).
1. The total cost of silver ($) is given as: 500. 2. Next, determine the total weight of silver (g). 1. The total weight of silver (g) is provided as: 10. 3. Finally, calculate the Silver Price using the equation above: SP = CS / W The values given above are inserted into the equation below: SP = 500 / 10 = 50.00 ($/gram)

Example Problem #2:

For this problem, the variables needed are provided below:

total cost of silver (\$) = 600

total weight of silver (g) = 70

This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.

SP = CS / W = ?