Enter the selling price of the silver ($/lb), the purchase price of the silver ($/lb), and the total weight of silver (lbs) into the calculator to determine the Silver Profit.

## Silver Profit Formula

The following formula is used to calculate the Silver Profit.

**SP = (S – PP) * WS**

- Where SP is the Silver Profit ($)
- S is the selling price of the silver ($/lb)
- PP is the purchase price of the silver ($/lb)
- WS is the total weight of silver (lbs)

## How to Calculate Silver Profit?

The following example problems outline how to calculate Silver Profit.

**Example Problem #1**

- First, determine the selling price of the silver ($/lb). In this example, the selling price of the silver ($/lb) is given as 15 .
- Next, determine the purchase price of the silver ($/lb). For this problem, the purchase price of the silver ($/lb) is given as 13 .
- Next, determine the total weight of silver (lbs). In this case, the total weight of silver (lbs) is found to be 2000.
- Finally, calculate the Silver Profit using the formula above:

SP = (S – PP) * WS

Inserting the values from above yields:

SP = (15 – 13) * 2000 = 4000 ($)

**Example Problem #2**

The variables needed for this problem are provided below:

selling price of the silver ($/lb) = 16

purchase price of the silver ($/lb) = 10

total weight of silver (lbs) = 1000

Entering these values and solving gives:

SP = (16 – 10) * 1000 = 6000.00 ($)