To calculate the price per kg:
\[ PPkg = \frac{TP}{TW} \]
Where:
Price per kg is a term that describes the monetary value of an object per unit of weight, which in this case, the unit of weight is the metric unit kilograms (kg). It is often used when looking at larger orders of products or materials that have many thousand kilograms of material.
Let's assume the following values:
Using the formula:
\[ PPkg = \frac{500}{50} = 10 \]
The price per kg is $10.
