Mangala finally reveals ‘Fuel pricing formula’

18 Oct 2018 - {{hitsCtrl.values.hits}}

The fuel pricing formula was revealed by Finance MinisterManagala Samaraweera today at a press conference.

“I promised to reveal the price formula some time back. This is a simple one. It is V1+V2+V3+V4=MRP( maximum retail price). This is what we used as the fuel price formula” he said.

The formula follows:

Video by Buddhi

Breaking News

Mangala finally reveals ‘Fuel pricing formula’

Most Popular Articles

Breaking Down the Israel–Iran Conflict: What We Know So Far - Day 135

UPDATE - Death toll rises to 26, over 100 injured

Girl raped by three young men including brother

LRT project will not be implemented?

Underground chamber found under the school turns out to be neighbour’s garage

Gunshots account for 14 of 24 deaths in Negombo Prison clash

Latest News

Eye donation pledges surpass 2.3 million: Eye Donation Society

Warm weather advisory issued for several places tomorrow

CSE opens the week lower as retail selling and geopolitical concerns weigh on market sentiment

UK bans support for Iran’s Islamic Revolutionary Guard Corps

Public transport must be given same level of attention as healthcare system: President