Question

Assume you own an SUV that gets 15 miles to the gallon. Also assume you drive 12,000 miles per year, and pay $4.00/gallon for gas. How much would you save per year in gas if you owned a vehicle that achieved 30 miles per gallon compared to the SUV

Answer 1

$1,600

Step-by-step explanation:

the owner of the SUV will spend $3,200 per year on gas:

• 12,000 miles driven per year / 15 miles per gallon = 800 gallons x $4 per gallon = $3,200

the owner of the more efficient vehicle will only spend half of that amount = $1,600 per year on gas:

the owner of the more efficient vehicle will save $1,600 per year on gas