Quote:
Originally Posted by spex357
Cheese is classed as a basic commodity and is listed at £2500 per tonne for July 2009. My local supermarkets run offers Buy one get one free or 50% off luckily at different times, so one week cheese is 50% off @ £2.10 per 400g and perhaps Coffee is 50% free. Is the 50% off the real price and the weeks its not available a huge profit making exercise?
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Have you worked out what £2.10 for 400g works out at at the same price for 1 tonne?
£2.10 / 400 gives you the price per gram = £0.00525 per gram
£0.00525 X 1000 gives price per Kg = £5.25 per Kg
£5.25 X 1000 gives price per tonne =
£5250 per tonne
unless my maths are wrong that is
