If a diamond weighs 0.77 carat and has a price of $2,772, what is its price per carat?

To determine the price per carat of a diamond, you divide the total price of the diamond by its weight in carats. In this case, the diamond weighs 0.77 carat and costs $2,772.

Calculating the price per carat involves performing the following division:

Price per carat = Total price / Weight in carats = $2,772 / 0.77

Calculating the result gives approximately $3,600. This value reflects the cost of the diamond assessed on a per-carat basis, which is crucial for evaluating the value of diamonds in the market.

Understanding the price per carat is essential in the context of diamond pricing, as this metric helps in comparing the value of diamonds of various weights and qualities. In this instance, the value reinforces the notion that as carat weight increases, the price per carat often reflects the added value associated with larger diamonds, though it can also be influenced by other factors such as clarity, color, and cut.