I don't know exact rpm of my belt grinder but it has 4 way step pulley. For me there is no best RPM for belt speed, I was grinding bevels at the lowest speed (it is about 250 - 300 RPM), it is impossible to have an even grind at full throttle when you don't have enough experience. Now I use my belt at 2.nd lowest speed (I guess it is about 500 or so) when grinding bevels. For different materials you have to run the belt very slow, organic material burns and the burn marks are too hard to clean by hand sanding. So It is best to have a variable speed belt grinder, with step pulleys or the best is with VFD...
edit: I calculate my belt speed by the RPM of drive wheel, but it is best to calculate it with distance p/min as rlicius said...