Cost Per 100ml Formula:
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Cost per 100ml is a standardized way to compare the value of products sold in different volumes. It helps consumers make informed purchasing decisions by showing the true cost of products regardless of their packaging size.
The calculator uses the following formula:
Where:
Explanation: The formula calculates the price per milliliter and then scales it up to 100ml for easier comparison between products of different sizes.
Details: Calculating cost per 100ml allows for fair comparison between products of different sizes, helps identify the most economical option, and prevents being misled by packaging differences.
Tips: Enter the total price of the product and its volume in milliliters. Both values must be greater than zero. The calculator will automatically compute the standardized cost per 100ml.
Q1: Why calculate cost per 100ml instead of just comparing package prices?
A: Package prices can be misleading as containers come in different sizes. Cost per 100ml standardizes the comparison.
Q2: Can I use this for other units like liters or grams?
A: Yes, you can adapt the formula for any unit (e.g., cost per 100g) by using the appropriate measurement.
Q3: Does this account for product quality differences?
A: No, this only compares price. You should also consider quality, brand preference, and other factors.
Q4: How accurate does the volume measurement need to be?
A: For best results, use the exact volume listed on the product packaging.
Q5: Should I always choose the product with lowest cost per 100ml?
A: Not necessarily. Consider your actual usage needs to avoid buying more than you'll use.