A service station operator bought 105 kl of gasoline for $25,382. The gasoline was sold for $0.379 per liter. Find the profit on the 105 kl of gasoline.
A) $29,361.50
B) $39,795.00
C) $65,177.00
D) $79,618.00
E) $14,413.00

Question

Quizplus · Accepted Answer

The operator bought 105 kl (105,000 liters) of gasoline for $25,382. The gasoline was sold at $0.379 per liter, so the total revenue from selling the gasoline is 105,000 liters * $0.379/liter = $39,795. The profit is the revenue minus the cost, which is $39,795 - $25,382 = $14,413.

A Service Station Operator Bought 105 Kl of Gasoline for $25,382