This tool helps you calculate the price of a ruby based on its weight, color, and clarity.
Ruby Price Calculator
This calculator helps you estimate the price of a ruby based on its carat weight, clarity, color, and cut quality. Follow these steps to use the calculator:
- Enter the weight of the ruby in carats.
- Rate the clarity of the ruby from a scale of 1 to 10, with 10 being the clearest.
- Rate the color of the ruby from 1 to 10, with 10 being the most vivid and desirable color.
- Rate the cut quality of the ruby from 1 to 10, with 10 being the best cut.
- Click the “Calculate” button to see the estimated price.
How It Works
The price of a ruby is influenced by several factors: its weight in carats, clarity, color, and cut quality. Each factor contributes to the overall price of the ruby. The base price per carat is multiplied by the sum of multipliers for clarity, color, and cut to give a comprehensive estimate.
Limitations
Please note that this calculator provides an estimate based on the inputs provided and the base price per carat set within the script. Market prices may vary based on other factors not accounted for in this tool. It is recommended to consult a professional gemologist for an accurate evaluation of your ruby’s value.
Use Cases for This Calculator
Calculate Total Ruby Price
Input the price per carat and the total carats of the rubies, then hit calculate to get the total price of the rubies. It’s a quick and efficient way to determine the cost of your ruby purchase.
Add Sales Tax
Enter the sales tax percentage and your total ruby price will be updated to include the sales tax amount. This feature helps you to know the final cost of the rubies with tax included.
Apply Discount
If you have a discount coupon, simply input the discount percentage and your total ruby price will be recalculated to reflect the discounted amount. Enjoy savings while buying rubies!
Convert Currency
Input the total ruby price in one currency, select the desired new currency, and the calculator will convert the total price into the selected currency. Easily switch between different currencies for pricing reference.
Estimate Monthly Payments
Enter the total ruby price and the number of months for payment, and the calculator will provide you with the monthly installment amount. Plan your budget effectively by spreading out the cost of the rubies over time.
Split Costs
If you are dividing the cost of rubies among friends or colleagues, input the total price and specify the number of people sharing the cost. The calculator will show each individual’s share, simplifying the splitting process.
Include Shipping Fees
Add the shipping fees to the total ruby price, and the calculator will display the updated cost including shipping charges. Know the complete price you need to pay, including the delivery costs.
Compare Prices
Input the prices of rubies from different vendors, and the calculator will highlight the best offer based on the price per carat. Easily compare and choose the most cost-effective option for your ruby purchase.
Calculate Profit Margin
Enter the buying price and selling price of the rubies, and the calculator will determine the profit margin percentage. Useful for jewelers and gemstone traders to analyze their profitability on ruby sales.
Determine Carat Weight
If you know the dimensions of the ruby (length, width, and depth), input them into the calculator to get an estimate of the carat weight. Useful for verifying the accuracy of carat values when purchasing rubies.