Question

If the total income generated from gasoline for AER was 408 million how much would the cost forna barrel of gasoline

Answer 1

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Explanation:

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Answer 2

20

Explanation:

If you have 60,000,000 barrels of crude oil and 34% of the barrels are gasoline then you have to set up the problem like this because you have to find out how much 34% of 60,000,000 is first in order to solve the problem.

is/of x 100/%

60,000,000 / a X 100 / 34

so..60,000,000 x 34 = 2,040,000,000

then divide that amount by 100= 2,040,000,000 / 100 = 20, 400,000

so the 34% actually is the total 20,400,000. Now, you divide the dollar amount 408,000,000 million barrels by the total amount of gasoline which is 20,400,000.

408,000,000 / 20,400,000 = 20

So each barrel of gasoline cost $20.