Price Per 100 Formula:
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The Price Per 100 calculation helps you determine the cost per 100 units of a product, making it easier to compare prices of different package sizes or quantities.
The calculator uses the following formula:
Where:
Explanation: This calculation normalizes the price to a standard quantity (100 units) for easier comparison between different products or package sizes.
Details: Calculating price per 100 units is essential for comparing value between different sized packages, especially when shopping for bulk items or comparing products sold in different quantities.
Tips: Enter the total price in your currency units and the quantity of items purchased. Both values must be positive numbers (quantity must be at least 1).
Q1: Why calculate price per 100 instead of per unit?
A: For small, inexpensive items, price per unit might be fractions of a cent. Price per 100 provides more meaningful numbers for comparison.
Q2: Can I use this for services as well as products?
A: Yes, you can use it for any priced item where quantity is measurable (hours, sessions, etc.).
Q3: What if my quantity is already 100?
A: The price per 100 will equal your total price (since you're dividing by 100 and then multiplying by 100).
Q4: Does this work for different currencies?
A: Yes, the calculation works the same regardless of currency. Just be consistent with your currency units.
Q5: How precise should the result be?
A: Typically rounded to 2 decimal places for currency, but you may need more precision for very inexpensive items.