To calculate the Price Per Pound:
\[ \text{PPP} = \frac{\text{TP}}{\text{TW}} \]
A price per pound is the total monetary price per weight in pounds of an object or product.
Let's assume the following values:
Using the formula:
\[ \text{PPP} = \frac{25}{5} \]
The Price Per Pound is $5.00.
Let's assume the following values:
Using the formula:
\[ \text{PPP} = \frac{45}{9} \]
The Price Per Pound is $5.00.
