How many liters of gasoline does 50,000 tons represents? : phpMyAnswers

How many liters of gasoline does 50,000 tons represents?

demo 21 Dec 2008 07:42pm
How much of a profit will you make from transporting 50,000 tons of $1.66 gasoline in the United States to the Philippines selling at Php 34.90/liter?

Answers

demo 21 Dec 2008 07:49pm
It depends on pressure and temperature of gas , the data is inadequate!

demo 21 Dec 2008 08:51pm
The other answerer is correct. The weight of gasoline varies based on it's temperature and pressure. But lets assume a gasoline temperature of 60* at standard pressure. A gallon of gasoline then weights approximately 6 lbs.

Assuming the amount of gasoline:
50,000 tons X 2000 lbs / 6 = 16,666,666.67 gallons of gasoline
(63,090,000 liters.)

Assuming the gasoline is purchased in the US @ $1.66/ gallon and
the Php 34.90 / liter (conversion to dollars & X's 3.7854 converted to gallons) converting Php to US $2.80 / gallon (expected sale price)

Your "profit" per gallon (not counting the expense of transporting,
storing, insurance, cost of initial investment, selling the gasoline, etc. is $1.14 / gallon (X's) 16,666,666.67 gallons =

$19,000,000 profit

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