The formula to calculate the Price Per 100g (PP100G) is:
\[ PP100G = \frac{TP}{W} \times 100 \]
Where:
Price per 100g is a unit of measurement that allows consumers to compare the cost of products based on a standard weight of 100 grams. This is particularly useful for comparing prices of items sold in different quantities or packaging sizes.
Consider an example where:
Using the formula to calculate the Price Per 100g:
\[ PP100G = \frac{5}{250} \times 100 = 2 \text{ $/100g} \]
This means that the price per 100g for this example is $2 per 100g.