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Because that's how much it costs.
The petrol station buys the fuel from the wholesaler, who has in turn bought it from the distributor, who distributes it on behalf of the manufacturer. All these people place a markup on their buy price to calculate their sell price. Because you as the end user only buy a relatively tiny amount of the fuel, you can't see the relevance of the decimal value.
On the other hand, for companies dealing in millions of litres worth of fuel, .7 cents in each dollar can add up very quickly - .7 cents over one million litres is $7,000. This decimal value stays with the cost throughout the supply chain, and is handed to you in the end after the fact.
So, it's priced to a decimal point for everyone else involved, not with the end user in mind.
Wiki User
∙ 13y ago
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Why is a decimal point called a decimal point?
Because it is a point that is used in the decimal system of counting. Decimal means based on ten.
What is another name for a decimal?
'point' or 'and' because decimal ''point''
What decimal point is 100?
100 is a number, not a decimal point.
What is the difference between a decimal and a decimal point?
A decimal is a value, a decimal point separates the whole number from the fraction.EG 12.34 is a decimal, the point is the dot in the middle...a decimal is a group of number combined to make a number problem and a decimal point divides it so you wont get confusedEX: candy bar $ 1.50 without the decimal point $150
Who invented the decimal point?
The decimal point was invented by John Napier.
Which is greater 1.23 or 0.123 and why?
1.23 Since it gas 1 before the decimal point, it is greater than 1, the second number hasn't and so isn't.1.23 Since it gas 1 before the decimal point, it is greater than 1, the second number hasn't and so isn't.1.23 Since it gas 1 before the decimal point, it is greater than 1, the second number hasn't and so isn't.1.23 Since it gas 1 before the decimal point, it is greater than 1, the second number hasn't and so isn't.
What is the difference between a decimal point and a decimal?
A decimal point is the actual point. A decimal is the number that has a decimal point in it. For example; 28429.018
How is gas priced in Canada by the liter used the imperial gallon or by the standard liter?
Gas is priced by the litre in Canada. There is only one kind of litre
Why is a decimal point called a decimal point?
Because it is a point that is used in the decimal system of counting. Decimal means based on ten.
Is 0.3 a decimal or decimal point?
0.3 is a decimal. The decimal point is the (.) between the 0 and the 3.
What is a number that contains a decimal point?
It is a number with a decimal point. It is not necessarily a decimal number because 24 (no decimal pont) is a decimal number.It is a number with a decimal point. It is not necessarily a decimal number because 24 (no decimal pont) is a decimal number.It is a number with a decimal point. It is not necessarily a decimal number because 24 (no decimal pont) is a decimal number.It is a number with a decimal point. It is not necessarily a decimal number because 24 (no decimal pont) is a decimal number.
What is the number to the left of a decimal point called?
The number to the left of a decimal point is the integer part or the whole-number part. The part of a decimal to the right of the decimal point is the fractional part. The decimal point is called the decimal separator.
What is another name for a decimal?
'point' or 'and' because decimal ''point''
What decimal point is 100?
100 is a number, not a decimal point.
What is the difference between a decimal and a decimal point?
A decimal is a value, a decimal point separates the whole number from the fraction.EG 12.34 is a decimal, the point is the dot in the middle...a decimal is a group of number combined to make a number problem and a decimal point divides it so you wont get confusedEX: candy bar $ 1.50 without the decimal point $150
A ratio which was priced 56.99 has been reduced to 52.49the percentage reduction in price is 2 decimal placec?
a ratio which was priced £56.99 has been reduced to £52.49.the percentage reduction in price is (2 decimal placec) what is the answer of the above question?
Could you give a sentence with decimal?
I am looking for your decimal point. The decimal point is in the wrong spot.
