Simple silly maths question ?
I really should know better, but always get the formula round the wrong way !
I’ve paid £88.15 on fuel and managed to get 517 miles.
How much per mile does it cost me ? First person with the correct formula gets to throw the calculator at me
Thanks guys
Graeme answers:
517km can be driven by £88.15
1 km can be driven by £88.15/517
=£0.17
so it costs you 0.17 pound per km.
George asks…
Home Insurance and Geothermal(Earth Energy) heating?
We are replacing our Heating oil system with a
geothermal/ground energy system. As few will
even quote home insurance with an oil system,
we thought we would get a better insurance cost
with this new system. But the calculators we have
tried don’t have geothermal as a heating option
(a few have solar which does not apply). With no
fuel to burn, would the fire premium also be
lowered with less risk? M.
Graeme answers:
It’s very convenient to have the ability to generate quotes online at your convenience, but it is impossible for them to be prepared for every scenario.
As an Insurance Agent, I would suggest that you contact an Independent agent in your area. They will be most able to answer your qeustion. Because they are contracted with several insurance companies, they have a better chance of finding a company that will discount your premium because of your heating system.
Lizzie asks…
Maths help please?
Refining the oil in a 42 gallon barrel produces about 19 gallons of gasoline; the rest is turned into products like jet fuel and heating oil. Right now oil sells for about $105/barrel.
What percentage of the oil in a barrel is refined into gasoline?
What is the dollar value of the gasoline in a barrel of oil?
Find the value of that gasoline in dollars per gallon.
The dollar value of the gasoline when it’s refined from the oil in a barrel is only part of the cost at the pump when you fill your tank. Estimate the percentage of the cost that represents. What might account for the rest of the cost?
In 1981 oil prices peaked at just over $78/barrel. Use the inflation calculator at the Bureau of Labor Statistics ( www.bls.gov/data/inflation_calculator.htm) to compare that price expressed in current dollars with the price now.
Is gas more expensive now than it was in 1981? Make a comparison of gas prices between 1981 and 2008 using relative (or percentage) change.
Graeme answers:
1. 45.23809524
2. 4720
3. 250/gallon
4. Couldn’t be bothered
5.
6.
Jenny asks…
Do you ever feel we’re getting ripped off at gas pump?
Read below and see why I’m asking this. Btw, snopes says this is true.
I received the following from a friend:
This is true. It happened to them three weeks ago somewhere in Lewiston on their way to Augusta. The pump should have totaled @ $38.00 (and change). When the receipt was printed, and she checked it was $ 47.00 (and change).
She got mad, went inside the store, asked for a calculator and let them do the math. They refunded her. she told them that if they cheat, they had better make it right. Normally, her husband would skip printing the receipt.. Not her
We saw on the news the other night that this is happening everywhere.
Brian pumped exactly one gallon of gas. The price did not match the cost
of one gallon. It was higher. He went inside and complained, got a refund.
There is also a number on each pump that you can call and complain..
This is a true story, so read it carefully.
On March 24, 2009, I stopped at a gas station in Lewiston. My truck’s gas gauge was on 1/4 of a tank. I use the mid-grade, which was priced at $2.21 per gallon. When my tank is at this point, it takes somewhere around 14 gallons to fill it up.
When the pump showed 14 gallons had been pumped, I began to slow it down.
Then, to my surprise, it went to 15, then 16. I even looked under my truck to see if it was being spilled. It was not.
Then it showed 17 gallons on the pump. It stopped at 18 gallons. This was very strange to me, since my truck has only an 18 gallon tank. I went on my way a little confused, then on the evening news I heard a report that 1 out of 4 gas stations had calibrated their pumps to show more gas had
been pumped than a person actually got.
Here is how to check a pump to see if you are getting the right amount:
Whichever grade you are using, put EXACTLY 10 GALLONS in your tank, then look at the dollar amount. If the dollar amount is not EXACTLY 10 times the price of the fuel you have chosen, then the pumps are rigged.
In my case, as I said, the mid-grade was $2.21 9/10 per gallon; my dollar amount for 10 gallons should have been $22.19. I wish I had checked the pump. It doesn’t matter where you pump gas, please check the 10 gallon price. If you do find a station that is cheating, contact the state Agriculture Department, and direct your comments to the Commissioner, the info is on the gas pumps.
Please don’t delete this until you have sent it to all people in your address book. We need to put a stop to this outrageous cheating of customers. The gas companies are making enough profits at honest rates.
Graeme answers:
Lemme share one with you
my friend used to work at a gas station. A customer came in and complained that she had tried putting 20 dollars of gas and no gas was ever emptied into her tank. They went out and checked it and it was true. The meter was running but the gas was all out on that pump. If she wasnt on empty she probably wouldnt have noticed.
We had no idea a pump could run out of gas and still charge. Be cautious
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