Platinum Price Calculator

Calculate Platinum Price (PP)



Formula

The formula to calculate the Platinum Price (PP) is:

\[ PP = \frac{PA}{WP} \]

Where:

What is Platinum Price?

Platinum Price is the cost per kilogram of platinum. It is calculated by dividing the total purchase amount by the weight of the platinum. This metric is important for buyers and sellers to determine the value of platinum transactions.

Example Calculation

Let's assume the following values:

Using the formula to calculate the platinum price:

\[ PP = \frac{5000}{2} = 2500 \]

The Platinum Price (PP) is $2,500 per kg.