From: Breathnach, Proinnsias(Dublin) (breatpro at domain MLE.CO.UK)
Date: Thu 28 Oct 1999 - 11:47:43 IST
> > First impressions are mixed..... the magazine is quite
> thin and costs
> > £4.99.
>
> Agh! It costs bloody £7.02 in Eason in Dublin. I don't
> care how bad the exchange rate is, that's not a
> justified price for an 82 page magazine.
>
Not to defend Easons (or anyone else) as I agree that £7.02 is a scandalous
price, but
<FX Lesson>
Sterling 4.99
Rate 0.81
Sterling / Rate = Punt
4.99/0.81 = 6.16049382716
VATUK = 0% (Books)
VATIE = 12.5%
Punt * (1+VATIE) = Justified Price ...
6.16049382716 * (1.125) = 6.930555555556
= £6.93
</FX Lesson>
only 10p out, and I didn't do the usual 25% markup removal trick that would
prove that at the moment £7.02 is reasonable, the argument *should* be that
4.99 is steep for 82 pages, even PCLive doesn't cost that much !
Proinnsias
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