Price per Litre Formula:
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Definition: This calculator determines the cost per litre of a liquid (typically fuel) based on the total purchase price and volume.
Purpose: It helps consumers compare prices of liquids (especially fuel) across different quantities and packaging sizes.
The calculator uses the formula:
Where:
Explanation: The total cost is divided by the volume in litres to determine the cost per single litre.
Details: Calculating price per litre allows for accurate comparison between different product sizes and helps identify the most economical purchase option.
Tips: Enter the total cost in pounds (£) and the volume in litres. Both values must be greater than 0.
Q1: Why calculate price per litre?
A: It standardizes cost comparison across different package sizes (e.g., 1L vs 2L vs 5L containers).
Q2: Can I use this for fuel price comparison?
A: Yes, this is particularly useful for comparing petrol/diesel prices at different stations.
Q3: What about other currencies?
A: The calculator works with any currency - just interpret the result accordingly (e.g., $/L for US dollars).
Q4: How accurate should my measurements be?
A: For best results, use precise measurements (at least 2 decimal places for volume).
Q5: Does this account for taxes or discounts?
A: Use the final price you pay after all adjustments for accurate calculations.