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vaieri
2 months ago
7

If the total income generated from gasoline for AER was $408 million how much would be the cost for a barrel of gasoline, gasoli

ne 34% kerosene 14% 60 million barrels total production crude oil
Mathematics
2 answers:
Svet_ta [12.7K]2 months ago
4 0

The answer is: $20

Reasoning:

To find the price per barrel of gasoline, first identify from the pie chart that gasoline makes up 34% of the total.

The quantity of barrels containing gasoline is 34% of 60 million, which equals \frac{34}{100} * 60 = 20.4 million barrels.

Given that total revenue is $408 million for these barrels, dividing $408 million by 20.4 million barrels yields the price per barrel:

\frac{408}{20.4} = \$20

This leads to the conclusion that the price per barrel is $20.

Zina [12.3K]2 months ago
3 0
The question indicates that out of 60 million barrels of crude oil processed, 34% was converted into gasoline, which generated total sales of $408 million. The task is to determine the revenue per barrel of gasoline.

Calculating: ($408×10^6) ÷ (60×10^6 barrels × 0.34) equals $408 ÷ 20.4 barrels, resulting in $20 per barrel.

Therefore, the revenue derived from a single barrel of gasoline amounts to $20.00.
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