How Do You Calculate Price Per Litre?

What is per unit price?

In retail, unit price is the price for a single unit of measure of a product sold in more or less than the single unit.

The “unit price” tells you the cost per pound, quart, or other unit of weight or volume of a food package.

It is usually posted on the shelf below the food..

What is the cost per unit?

The cost per unit is commonly derived when a company produces a large number of identical products. … The cost per unit is derived from the variable costs and fixed costs incurred by a production process, divided by the number of units produced.

Is 7 Litres per 100km good?

The generally accepted standard has risen from a consumption of around 8.1 to 7.1 litres per 100km (35-40mpg) in the past to more like 5.6 to 5.1 litres (50-55mpg). As a rule of thumb, vehicles listed at less than 6.0 litres/100km are considered to have ‘good’ MPG.

How many kms can a car travel on 1 Litre of diesel?

Fuel usage is about 5 liters per 100 kilometer, thus about 20 kilometers per liter.

How do you calculate per Litre?

The calculation is: litres / distance * 100 = l/100km. For example: 57 litres / 635 km * 100 = 8.98l/100km. If you know the price of fuel, then you can simply multiply the price per litre by the result and that gives you your cost per 100km.

How do you calculate price per mL?

How to Figure Out Your Beverage CostDivide the cost of the bottle of premium tequila ($38) by the bottle size (750 mL) to determine the cost per milliliter. … Multiply your cost per milliliter (0.0507) by 30 to find out how much the liquor costs you per ounce. … Repeat Steps 1 and 2 until you’ve accounted for all your ingredients.More items…

How far can you travel with 1 Litre petrol?

Anything that is listed as less than 6-litres/100km or more than 16.5km/1-litre is considered to be pretty good. The first (and most common) reference is litres per 100km (litres/100km). This is how many litres of fuel the car needs in order to travel 100km.

What is the cost per unit called?

Average cost per unit of production is equal to total cost of production divided by the number of units produced. It is also known as the unit cost. Especially over the long-term, average cost normalizes the cost per unit of production.

What is the cost of 1 Litre petrol?

Petrol Prices Stagnant in India The petrol rates in India traded at Rs 82.34 per litre in New Delhi, Rs 83.87 per litre in Kolkata, Rs 89.02 per litre in Mumbai and Rs 85.31 per litre in Chennai.

How do you find the price per item?

We divide the price of certain number of units of an item by the number of units to find the unit price of that item. For example, to find the unit price of 12 ounces of soup that costs $2.40, divide $2.40 by 12 ounces, to get unit price of soup as $0.20 per ounce.

How do you calculate price per 100 grams?

To work out the relative costs of 100g, you can divide the cost of 125g by 5 and take that off the price. If something else is given as price per kg, just divide by 10 to get the price for 100g.

What is the formula to calculate fuel consumption?

Calculating a vehicle’s fuel consumption is not difficult. Simply note down the distance travelled since the last top-up and then take a note of how much fuel it consumed to travel that distance, then divide the litres used by the kilometres travelled and multiply by 100 to calculate consumption in litres/100km.