Crude oil has sold at $21.75 a barrel. A barrel has a volume of 42 gallons.
What is the price of crude oil in ¢ /cup? (One gallon = 4 quarts; 4 cups = 1
quart)( ¢ =cents)
Group of answer choices
We have to use the conversion factors to calculate the price in cents per cup:
"\\text{Price: } P=\\cfrac{\\$21.75}{1\\,barrel} \\bigg( \\dfrac{ 100\\,\u00a2}{\\$\\,1.00} \\bigg) \\bigg( \\dfrac{1\\,barrel}{42\\,gallons} \\bigg) \\bigg( \\dfrac{1\\,gallon}{4\\,quarts} \\bigg) \\bigg( \\dfrac{1\\,quart}{4\\,cups} \\bigg)\n\\\\ \\text{after substitution we find:}\n\\\\ \\implies \\text{Price per cup: } P=\\cfrac{3.24\\,\u00a2}{cup}"
In conclusion, the price of crude oil in ¢ /cup is 3.24 ¢ / cup.
Reference
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