To calculate the Rug Price (RP):
\[ RP = RA \times RC \]
Where:
The rug price is calculated by multiplying the area of the rug by the cost per square foot of the rug. This helps in determining the total cost of purchasing a rug based on its size and the price per unit area.
Let's assume the following values:
Using the formula:
\[ RP = 50 \times 10 = 500 \text{ dollars} \]
The Rug Price is $500.