The formula to calculate the Paint Price (P) is:
\[ P = \frac{PA}{GP} \]
Where:
The paint price refers to the cost per gallon of paint. It is calculated by dividing the total purchase amount by the number of gallons of paint purchased. This price helps in determining the cost-effectiveness of different paint options and is crucial for budgeting and planning painting projects.
Let's assume the following values:
Using the formula to calculate the Paint Price (P):
\[ P = \frac{150}{10} = 15 \text{ dollars per gallon} \]
The Paint Price (P) is $15.00 per gallon.