To calculate the Price Per Sqm (PPm2):
\[ PPm2 = \frac{P}{A} \]
Where:
Price Per Sqm refers to the cost per square meter of a property, material, or any other commodity measured in square meters. This metric is commonly used in real estate, construction, and various industries to standardize pricing and compare costs effectively.
Let's assume the following values:
Step 1: Divide the total price by the total area:
\[ PPm2 = \frac{5000}{100} = 50 \]
The Price Per Sqm is $50 per sqm.