Sir Charles ... The formula constant is T=150(d/r) for velocities from about 1500 to 2800 fps. Substitute 180 for the 150 value for velocities exceeding 2800 fps.
And for velocities below 1500 fps, substitute 125 for the T constant
According to Hatcher, the bullet used to derive the constant was a Krag 220 grain, L=1.35in., v=2000ft/sec, d=10.9 gm/ml, p=1.221gm/l For i=.61, the constant comes out to 150.