Price Per Litre Formula:
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Price per litre is a unit price calculation that shows how much a liquid product costs per litre. It allows for easy comparison between products of different sizes and prices.
The calculator uses the simple formula:
Where:
Explanation: This calculation divides the total cost by the volume to determine the cost per standard unit (litre).
Details: Calculating price per litre helps consumers compare products effectively and make informed purchasing decisions, especially when products come in different package sizes.
Tips: Enter the total price of the product and its volume in litres. Both values must be greater than zero. The calculator will automatically compute the price per litre.
Q1: Why calculate price per litre?
A: It standardizes the cost comparison across different package sizes, helping you identify the best value.
Q2: Can I use this for other units like gallons?
A: Yes, but you'll need to convert the volume to litres first or modify the formula for your preferred unit.
Q3: How precise should my measurements be?
A: For accurate comparisons, measure as precisely as possible, especially for small volume differences.
Q4: Does this work for non-liquid products?
A: The concept works for any product sold by volume, though you might need to adjust the unit (e.g., price per kilogram for solids).
Q5: Should I always choose the lowest price per litre?
A: Not necessarily - consider quality, your actual usage needs, and whether you'll use the entire quantity before it expires.