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How Much
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Hi can anyone work out how much seven shillings and sixpence ( 7/6) in 1957, would be worth today., please.
I've been writing about my life for the Grandchildren..7/6 each was the cost of a salad meal we had in Kensington. As teenagers future husband and myself found it was all we could afford on the menu. Kensington back then was rather an expensive area.
I've been writing about my life for the Grandchildren..7/6 each was the cost of a salad meal we had in Kensington. As teenagers future husband and myself found it was all we could afford on the menu. Kensington back then was rather an expensive area.
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https:/ /www.ba nkofeng land.co .uk/mon etary-p olicy/i nflatio n/infla tion-ca lculato r
£1.00 in 57 = £24.29 in todays money.
https:/
£1.00 in 57 = £24.29 in todays money.
// 37.5p if you mean the decimal equivalent.//
cue memory old days sketch of Monty Python
" we cd gie darn to the old Tool and Tank and STILL get change from ....."
7/6 was a three eightths of a pound and so divide 16.86 by three ish and it is around £5.90 now
useful rule is £1 in 1914 bought £10 in 1971 decimalisation and 100 around 5 or 10 y ago and £120 now
£1 in 1914 was roughly £1 1815 - remarkable stability and actually bought MORE in the 1890s
cue memory old days sketch of Monty Python
" we cd gie darn to the old Tool and Tank and STILL get change from ....."
7/6 was a three eightths of a pound and so divide 16.86 by three ish and it is around £5.90 now
useful rule is £1 in 1914 bought £10 in 1971 decimalisation and 100 around 5 or 10 y ago and £120 now
£1 in 1914 was roughly £1 1815 - remarkable stability and actually bought MORE in the 1890s
oh cue the mars bar economy
instead of tracking money which changes er number
why not have an unchanging commodity and measure it thro that ( a ruler that never stretches)
like a mars bar
like this
https:/ /www.ft .com/co ntent/3 4859346 -b023-1 1e7-807 6-0a4bd da92ca2
instead of tracking money which changes er number
why not have an unchanging commodity and measure it thro that ( a ruler that never stretches)
like a mars bar
like this
https:/
Combine this:
> 37.5p if you mean the decimal equivalent.
With this:
> Use this:
> https:/ /www.ba nkofeng land.co .uk/mon etary-p olicy/i nflatio n/infla tion-ca lculato r
> £1.00 in 57 = £24.29 in todays money.
So the sum is 0.375x£24.29 = £9.11, which is this:
> About £9
> https:/ /www.in 2013dol lars.co m/uk/in flation /1957
> 37.5p if you mean the decimal equivalent.
With this:
> Use this:
> https:/
> £1.00 in 57 = £24.29 in todays money.
So the sum is 0.375x£24.29 = £9.11, which is this:
> About £9
> https:/
kensington still is! was that 7/6 each or was that salad for two? equally what was in the salad and what time of year was it? Salad then, even boring lettuce and tomatoes was VERY seasonal as was most fresh produce. As PP said it was a product not a sum.....maybe a better comparison for this purpose is what fraction this was of your weekly wage? Also what kind of restaurant?