Two diet cokes cost £5.63, how does that happen? Blog Discussion 31 January 2006 at 6:15PM in Martin's blogs & appearances & MoneySavingExpert in the news 19 replies 4.4K views

Former_MSE_Andrea

This is a Chat Forum discussion on Martin's 'Two diet cokes cost £5.63, how does that happen?' blog that you can read here

Amba_Gambla

and I thought we were ripping ppl off at work at £1.50 a can!

We don't have automatic tills at work, and have to work out the drinks prices in our heads.... it's funny when some of the noobs start grabbing random prices out of the air and quoting odd numbers for a pair of drinks :rotfl:

krisskross

Martin that is so funny....bet you didn't enjoy the coke much

These posh places have to keep out the riff raff doncha know and at those prices this I am sure they do.

Smiley_Mum

That was hilarious. You could have said that you weren't paying the 12.5% service charge though...:think: Would have taken the cost to below a fiver. I've never been to London, well just airports but sounds like you'd have to take out a mortgage just to have a night out. :eek:


Anyone posted this yet, info on London pubs/clubs etc.

http://www.london-drinking.com/131.htm

Is the place listed, just curious.

Nile

..........and the next time you're going (to get fleeced) out to a posh arty farty venue for a drinky poo............make sure you ask for NO ice. Why pay over the odds for frozen water too?:rolleyes:

System

Its enough to put you off coke for life! (Almost)

MACacd

Bars make an astronomical profit on all soft drinks, its way over the 100% mark. From a pub I used to frequent I was friendly with the bar staff and got talking about drinks profit (no idea how, its normally football).

From what I can remember, the pub selects the amount of syrup, water and magical ingredients to add and its mixed. If the pub wanted to make its stock last longer and make more profit I would reduce the amount of syrup and up the water levels but this would reduce the taste and overall quality, It is kind of like a real life game of Theme Park.

The initial expenditure on all raw products might have been large, but offset against the stupid price of all soft drinks the profit outweigh the initial cost.

xanderly

Contrary to Martin's suggestion, it seems to me the place has a perfectly normal rounding policy.

Standard rounding policy (for example when calculating VAT) is 1.000000p to 1.499999999p rounded down to 1p and 1.5000000 to 1.999999999p rounded up to 2p.

Each drink cost 250p. Add the 12.5% charge and that makes it 281.25p
One of these is 281.25p, rounded down to 285p
Two of these is 562.50p, rounded up to 563p

Mathematically, this is exactly what I would expect.

What would annoy me MUCH more is the automatic 12.5% charge!

Emma_D_2

I'd love to know which bar it was !!

mrbadexample

I'd have laughed in disbelief and walked. That's not overpricing, that's theft.

R_D_2

Martin, you should never pay a tip when you've already had to pay a service charge!