Your small remodeling business has two work vehicles. One is a small passenger c
ID: 2722452 • Letter: Y
Question
Your small remodeling business has two work vehicles. One is a small passenger car used for job-site visits and for other general business purposes. The other is a heavy truck used to haul equipment. The car gets 25 miles per gallon (mpg). The truck gets 10 mpg. You want to improve gas mileage to save money, and you have enough money to upgrade one vehicle. The upgrade cost will be the same for both vehicles. An upgraded car will get 40 mpg; an upgraded truck will get 12.5 mpg. The cost of gasoline is $3.50 per gallon. Calculate the annual fuel savings, in gallons, for the truck and car assuming both vehicles are driven 10,000 miles per year
Truck______ GPY
Car _______ GPY
Explanation / Answer
The cost of gasoline is $3.50 per gallon.
Both vehicles are driven 10,000 miles per year
CAR
The Car gets 25 mpg
(before upgrade) :
10,000 miles / 25 mpg = 400 gallons
400 gallons / $3.50 per gallon = $114.26
(after upgrade) :
An upgraded car will get 40 mpg
10,000 miles / 40 mpg = 250 gallons
250 gallons / $3.50 per gallon = $71.43
$114.26 - $71.43 = $42.83 savings with upgrade
TRUCK
The truck gets 10 mpg
(before upgrade) :
10,000 miles / 10 mpg = 1,000 gallons
1,000 gallons / $3.50 per gallon = $285.71
(after upgrade) :
An upgraded truck will get 12.5 mpg
10,000 miles / 12.5 mpg = 800 gallons
800 gallons / $3.50 per gallon = $228.57
$285.71 - $228.57 = $57.14 savings with upgrade
Upgrade the truck because the company saves more money!
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.