Price Per 100ml Formula:
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The price per 100ml is a standardized way to compare costs of products sold in different volumes. It helps Australian consumers make informed purchasing decisions by showing the true cost regardless of package size.
The calculator uses this simple formula:
Where:
Explanation: This calculation standardizes the price to a 100ml unit, making it easier to compare products of different sizes.
Details: Standardizing prices to per 100ml helps consumers identify the best value, especially important in Australia where products often come in different metric sizes.
Tips: Enter the total price in AUD and volume in millilitres. Both values must be positive numbers. The calculator will show the standardized price per 100ml.
Q1: Why calculate price per 100ml?
A: It allows fair comparison between different sized products, helping you find the best value for money.
Q2: Is this only for liquids?
A: While commonly used for liquids, this calculation works for any product sold by volume (ml).
Q3: Should I always buy the product with lowest price per 100ml?
A: Not necessarily - consider your actual usage needs and storage capacity as well.
Q4: How accurate is this for promotional pricing?
A: The calculation works the same way for regular and promotional prices.
Q5: Does this account for product quality differences?
A: No, this is purely a price comparison tool. Quality and personal preferences should also be considered.