Your thoughts on this query

fluffnutter

somethingcorporate wrote: »

Quantify it then? 1,000 cars a week, 0.1p per car. £1 a week, £52 a year. Hardly robbery on a grand scale!

I don't run a petrol station so the 1,000 cars a week may be far too high / low.

Probably lose more a year in pennies lost down the back of the till drawer!

I don't think it even needs quantifying. Like I said (and wealdroam before me - he always gets there first!), nobody's being short-changed because the amount of fuel dispensed will correspondence to an amount in whole pence.

Optimist

I have always thought it was some sort of a marketing ploy with fuel prices it sounds less than it actually is.


There is actually legislation that covers it. The Price Marketing Order 2004

Decimal places and rounding of unit prices12. Where the unit price of a product falls below £1 it shall be expressed to the nearest 0.1p. Where the figure denoting one hundredths of one penny in the unit price is 5 or higher, it shall be rounded up and where it is 4 or lower it shall be rounded down.

Hintza

How many times does this come up.

Op you will have got smidgen over 1 liter.

If you are looking for something to ponder how about:-

Do Bears !!!! in the woods?

Where does the white go when snow melts?

Can we now travel in time now that E=MC2 has been possibly proven false?

Optimist

Hintza wrote: »

Can we now travel in time now that E=MC2 has been possibly proven false?

A guy down my street works for the local council, he finishes at 4pm, but I often see him at home by 2:30.

Case proven I think.

pendulum

somethingcorporate wrote: »

I don't run a petrol station so the 1,000 cars a week may be far too high / low.

That's 142 cars a day. I could probably count 142 cars going through my local one in about 2 hours! It depends on the station but I'm betting it's nearer 1,000 cars a day than 1,000 cars a week for most stations.

Idiophreak

somethingcorporate wrote: »

Quantify it then? 1,000 cars a week, 0.1p per car. £1 a week, £52 a year. Hardly robbery on a grand scale!

I don't run a petrol station so the 1,000 cars a week may be far too high / low.

Probably lose more a year in pennies lost down the back of the till drawer!

I agree with everyone else that I don't think they're overcharging, but I think you're a way out on your maths, tbh.

Firstly, it's not just 0.1p per car. If they buy 2 litres, it's 0.2p, etc...So you have to base your calculation on an average overcharge of 0.5p.

I think that 1000 cars a week is also incredibly few. Most times when I go into a petrol station there's a constant queue of people paying at at least 2 tills. If you assume an average transaction length of 2 minutes, that's 30 per hour each = 60 cars per hour. So that's, potentially, 1440 over a 24 hour day, or 10,000 per week. = £50/week or £2,500 per year.

Still not breaking any banks - but I'd rather have it than not

NeilF3485

As many other people have stated, nobody pockets the 0.1p.

If fuel was 133.9p p/l as in your example, and you dispensed fuel until the pump read 1.0 litre you would actually have dispensed 1.000747 litres.

Therefore you are the beneficiary in so far as you you are getting the extra 0.1 pence worth of fuel which you have paid for.

It all comes down to the fact that the pump does not go to enough decimal places to show you how much it has dispensed, and so rounds to 1.0 litre.

somethingcorporate

Idiophreak wrote: »

I agree with everyone else that I don't think they're overcharging, but I think you're a way out on your maths, tbh.

Firstly, it's not just 0.1p per car. If they buy 2 litres, it's 0.2p, etc...So you have to base your calculation on an average overcharge of 0.5p.

I think that 1000 cars a week is also incredibly few. Most times when I go into a petrol station there's a constant queue of people paying at at least 2 tills. If you assume an average transaction length of 2 minutes, that's 30 per hour each = 60 cars per hour. So that's, potentially, 1440 over a 24 hour day, or 10,000 per week. = £50/week or £2,500 per year.

Still not breaking any banks - but I'd rather have it than not

It wouldn't be an overcharge on every litre though, only the ones that result in a decimal that would need to be rounded. Fair point on the number of cars, I tend to fill up in the evenings when I am the only one about.

Idiophreak

somethingcorporate wrote: »

It wouldn't be an overcharge on every litre though, only the ones that result in a decimal that would need to be rounded. Fair point on the number of cars, I tend to fill up in the evenings when I am the only one about.

It's not on every litre, but it's on every transaction - an amount between 0.1p and 0.9p, unless you buy a number of litres exactly divisible by 10.

somethingcorporate

Idiophreak wrote: »

It's not on every litre, but it's on every transaction - an amount between 0.1p and 0.9p, unless you buy a number of litres exactly divisible by 10.

That's more or less what I meant, except the ones that end as a whole penny!