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Your numbers seem to be off a bit. $100 for a 500lb steer sounds quite low. Or is that 91.58/100?

What is the price per pound at the selling price. It is not necessarily that a 1225 pound steer would be sold at the same price per pound as a 500 lb steer. And, with time, the market can go anywhere.

Once you have the total prices or price per pound for the buying and selling price, then you can calculate the profits.

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14y ago
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1mo ago

Selling price = $91.58/500 lbs x 1225 lbs = $223.72. Cost of gain = Selling price - Cost price = $223.72 - $91.58 = $132.14.

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Q: If a 500 lb steer costs 91.58 and is sold at 1225 lbs then how much will the selling price and cost of gain be?
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