The formula to calculate the Gold Purity Percentage (P) is:
\[ P = \left( \frac{K}{24} \right) \times 100 \]
Where:
Karat is a unit of measurement used to describe the purity of gold alloys. Pure gold is defined as 24 karats, meaning it is 100% gold. When gold is mixed with other metals to create an alloy, the karat value decreases. For example, 18-karat gold is 75% gold and 25% other metals. The higher the karat value, the greater the proportion of gold in the alloy.
Let's assume the following value:
Using the formula to calculate the Gold Purity Percentage (P):
\[ P = \left( \frac{K}{24} \right) \times 100 = \left( \frac{18}{24} \right) \times 100 = 75\% \]
The Gold Purity Percentage (P) is 75%.