Problema Solution
E-Z Stop Fast Gas sold $10,957 worth of gasoline yesterday. Regular grade sold for $2.30 a gallon and premium grade sold for $2.55 a gallon. If the station sold 420 more gallons of regular than of premium, how many gallons of regular were sold? Using your answers from the the previous question, if the profit on regular gas is $0.18 per gallon and the profit on premium gas is $0.20 per gallon, what was the station’s total profit?
Answer provided by our tutors
Total Profit: ($5704)(0.18) + ($5253)(0.20) = $2077.32
$2.3 per gallon of regular gas "X"
$2.55 per gallon of premium gas "Z"
2480 gallons regular and 2060 premium (simple subtraction)
(2.3)(2480)= $5704
(2.55)(2060)= $5253
Total Profit: ($5704)(0.18) + ($5253)(0.20) = $2077.32