Price Per Mg Calculator

Formula

The formula to calculate the Price Per Mg (PPmg) is:

\[ PPmg = \frac{TP}{W} \]

Where:

Price Per Mg (PPmg): The cost per milligram of a substance.
Total Price (TP): The total cost of the substance.
Total Weight (W): The total weight of the substance in milligrams.
Significance: Calculating the price per milligram is useful for comparing the cost efficiency of different products or substances.

Let's say the total price (TP) is $50 and the total weight (W) is 2000 mg. Using the formula:

\[ PPmg = \frac{50}{2000} = 0.025 \]

So, the price per milligram is $0.025 per mg.