petrol again

[attie]

[[What are your taxes on fuel?]]
I think it is 32% Rich, not sure, then we've got the GST as well.
I put $50 in the tank last night and the GST was $4.55, don't know how that works, I thought it was 10%

[Cliff Rogers]

....I put $50 in the tank last night and the GST was $4.55, don't know how that works, I thought it was 10%

That's correct, 10% is already included in the final price.
10% plus 100% is 110% so to find out the starting price before GST simply divided the final amount buy 1.1
(of for you old money fraction types...divide by 11/10ths to find 10/11ths)
Is every body still with me on this?

IE: & EG: $50 divided buy 1.1 is $45.45 to the nearest cent.

So you really only bought $45.45 worth of petrol & you paid 10% GST ($4.55 to the nearest cent) Now add $45.45 & $4.55, it's not rocket science.

Now we do it v e r y v e r y s l o w l y for the old fractions types.

The final price is actually the original price plus 10% so it is 10/10ths plus 1/10th which is 11/10ths so.... to find out the original price, you divide buy 11/10ths & everybody SHOULD know that when you divide by a fraction, you simply invert the fraction & then multiply buy it so, you multiply by 10/11ths. Trust me. It works.

OK OK for the v e r y v e r y v e r y v e r y s l o w people....
Either divide the final figure by 11 & then multiple by 10 or...
Multiple the final figure by 10 & then divide it by 11.
The result will be what you paid for it BEFORE they added 10% GST .

Is any body still with me?:confused:

[Shedhand]

That's correct, 10% is already included in the final price.
10% plus 100% is 110% so to find out the starting price before GST simply divided the final amount buy 1.1
(of for you old money fraction types...divide by 11/10ths to find 10/11ths)
Is every body still with me on this?

IE: & EG: $50 divided buy 1.1 is $45.45 to the nearest cent.

So you really only bought $45.45 worth of petrol & you paid 10% GST ($4.55 to the nearest cent) Now add $45.45 & $4.55, it's not rocket science.

Now we do it v e r y v e r y s l o w l y for the old fractions types.

The final price is actually the original price plus 10% so it is 10/10ths plus 1/10th which is 11/10ths so.... to find out the original price, you divide buy 11/10ths & everybody SHOULD know that when you divide by a fraction, you simply invert the fraction & then multiply buy it so, you multiply by 10/11ths. Trust me. It works.

OK OK for the v e r y v e r y v e r y v e r y s l o w people....
Either divide the final figure by 11 & then multiple by 10 or...
Multiple the final figure by 10 & then divide it by 11.
The result will be what you paid for it BEFORE they added 10% GST .

Is any body still with me?:confused:

@/..\@

[Cliff Rogers]

Well oil beef hooked.... :confused:

I put @/..\@ into a google search 'cos I have no flam'n idea what it means & google is totally stuffed too... it didn't even say that it couldn't find anything.

[Daddles]

Cliff, you're supposed to petrol in your motor car's fuel tank, not sniff the stuff.

Richard

[Cliff Rogers]

It's too expensive to sniff.

Nah, just joking, be glad your car doesn't run on bottled water, coke or bloody wine. Even the cheapest plonk is still about $6 a litre.

[HJ0]

Try this lol http://www.pm.gov.au/email.cfm

HJ0

[Bob38S]

A driver is stuck in a traffic jam on the motorway. Nothing is moving. Suddenly a man knocks on the window. The driver rolls down his window and asks, "What happened?" "Terrorists have kidnapped John Howard and are asking for a $10 million ransom. Otherwise they are going to douse him with petrol and set him on fire. We are going from car to car to take-up a collection."
The driver asks, "How much is everyone giving on average?"
"About a litre."

[Iain]

Even the cheapest plonk is still about $6 a litre.

Golden Gate Chateau Cardboard is currently selling for $7 for a four litre pack, I am not willing to try it at that price, would have to be a quality drop though
Disclaimer: I saw it at the supermarket thismorning while picking up some other 'essentials', namely in transparent glass vials containing 750ml of deep crimson nectar

What really urinates () me off is GST on fuel, 10% on top of a tariffed(?) and exised item, double whammy for Johhny a tax on a tax on a tax.
I think the exise needs to be exorcised and a tax attacked.
Bloody beaurocrats, flopping their fat ar ses in huge tax funded limo's telling us how well off we are.

[Cliff Rogers]

Your $7 4L box is still more than fuel at present & it, the plonk that is, has a 29% wine equalisation tax on it & then a 10% GST as well. :eek:

[Iain]

Your $7 4L box is still more than fuel at present & it, the plonk that is, has a 29% wine equalisation tax on it & then a 10% GST as well. :eek:

And I'd put money on it that this is watered down a tad and we pay tax on the quantity not quality

[attie]

This guy sent a pic of the bowser he filled up at in Caracas, Venezuela. BS - Bolivares is their currency. Note the price of the Premium on the left 0.70.0, that equates to 4 cents AUD a litre.
Here's a cash converter site http://www.xe.com/ucc/

[Buzzer]

What I find interesting, fuel users are complaining about the price of fuel. I believe, one sure fire way to save fuel is to slow down. In my travels on both rural and urban roads I have found, generally, this not to be the case, especially on urban roads........


Cheers
Buzzer.

[rrich]

liter is really litre

Interesting! Actually I looked it up in the "CRC Standard Mathematical Tables" book before I posted.

I guess that litre goes with colour, tyre and labour
while
liter goes with color, tire and labor.

We may be separated by a common language but we sure as heck share the same sense of humor!

[Cliff Rogers]

Nope, that is humour, not humor.