Recent Examples of precipitous from the Web. 1  Members of the largely-Democratic House majority, citing the state's budget crisis and its precipitous drop in oil revenue, had pushed to lower the rate for the deductions â a step that doesn't appear to be included in the latest proposal.
The fuel cost cents per km calculation is then determined by multiplying the fuel factor by the Rands and cents cost of the fuel. For example: 8.18 x R3.61 gives a fuel rate of 29.53 cents per km. 4. ADJUSTMENT FOR VEHICLE TYPE & EXTRAORDINARY USE. Add the following percentages to the Running Costs only.
A new AAA reports shows, on average, the cost of driving 15,000 miles a year rose 1.17 cents to 60.8 cents per mile, or $9,122 per year. Overall, that's a roughly 2% increase on the cost of operating a car last year.hat's where the costs have gone up.. The second biggest increase: Insurance costs, which rose 2.76%, or $28, to an annual average of $1,029. AAA's insurance cost estimates are based on a low-risk driver with a clean driving record. Fuel costs rose 1.93% to 14.45 cents per mile for the average sedan owner.