
Originally Posted by
s10pao
thanks GH!
here's how i computed it
Assumptions:
12T Km per year
Php52/L gasoline
Php43/L gasoline
12KPL Accent HB
10KPL Mirage
Annual fuel cost for Accent HB
12,000/12*43 = Php43,000 per year
Annual fuel cost for Mirage
12,000/10*52 = Php64,200 per year
Annual fuel cost difference
Php19,400
Years to recover price difference
320,00/19,400 = 16.49484536