Estimate Cost of Gold Jewelry (gold)

Estimate the cost of gold jewelry including VAT and making charge. Get the total price breakdown in a pie chart.

Estimate Cost of Gold Jewelry

Purpose

The purpose of this function is to help you estimate the cost of gold jewelry based on the weight of the gold, current gold price, VAT percentage, and making charges.

Use Cases

You can use this function to calculate the total cost of gold jewelry including VAT and making charges.

How to Use

  1. Enter the weight of the gold jewelry.
  2. Select the unit of measurement for the weight.
  3. Enter the current gold price per unit weight.
  4. Enter the VAT percentage.
  5. Enter the making charges.
  6. Select the currency in which you want to see the cost.

Input Values

  1. Gold Weight - Weight of the gold jewelry (default unit is gram).
  2. Gold Price - Current price of gold per unit weight.
  3. VAT Percentage - Percentage of VAT applicable.
  4. Making Charge - Charges for making the jewelry.
  5. Price In - Currency in which you want to see the cost (default is USD).

Output Values

  1. Gold Weight - Weight of the gold jewelry.
  2. Gold Value - Value of the gold jewelry.
  3. VAT on Gold - VAT amount applicable on the gold.
  4. Making Charge - Making charges for the jewelry.
  5. Grand Total - Total cost of the gold jewelry.
  6. Chart - Pie chart showing the breakdown of costs.

Any other Instruction

Make sure to enter accurate values for weight, price, VAT percentage, and making charges to get an accurate estimate of the cost of gold jewelry.

Steps of Calculation

  1. Calculate the value of the gold based on the weight and price.
  2. Add VAT on the gold value.
  3. Add making charges to the total.
  4. Calculate the grand total cost of the gold jewelry.

Technical Parameter names

gold_weight_intl, gold_weight_india, gold_price, vat_pct, making_charge, price_in

Return Values

Gold Weight, Gold Value, VAT on Gold, Making Charge, Grand Total, Chart

Example Expressions

You can use the following expressions to directly evaluate in a non-interactive manner using eva():

  1. Calculate cost of gold jewelry with 20 grams weight, gold price of 80 USD/g, VAT percentage of 5%, making charges of 50 USD, and in USD:
eva(gold(20 g, 80 USD/g, 5%, 50 USD, USD))
  1. Calculate cost of gold jewelry with 1 ounce weight, gold price of 2000 USD/oz, VAT percentage of 10%, making charges of 100 USD, and in EUR:
eva(gold(1 oz, 2000 USD/oz, 10%, 100 USD, EUR))

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Calculator: gold, Created by: super, V#0: , Variant owner: , Link