How do you calculate fuel per mile?

How do you calculate fuel per mile?

How to calculate gas mileage – formula. The formula to calculate gas mileage: Miles driven ÷ gallons used to refill the tank. Take the miles traveled (from the trip computer), divide that by the number of gallons used to refill the tank.

What is the formula to calculate cost per mile?

Calculating cost per mile becomes a simple equation once you know your mileage and total expenses. Divide your total expenses by the total number of miles driven, and the result is your cost per mile. For example, the USPS drives 1.2 billion miles every year, with annual costs totaling $82.2 billion.

How do you calculate fuel cost?

To calculate the fuel cost we use one of the following formulas:

1. Fuel cost = (Distance / Consumption) × Cost per gallon.
2. Fuel cost = (Distance / 100 × Consumption) × Cost per gallon.

How do you calculate miles per Litre?

Divide the number of miles driven by the amount of fuel used in litres (miles per litre) To convert the figure to miles per gallon multiply it by 4.544….How To Calculate Your Fuel Consumption

1. Your mileage since the last fill.
2. The number of litres of fuel you put in.
3. The cost per litre of fuel.

How much does it cost per mile to drive a car?

Fuel costs an average of 10.72 cents a mile, though that expenditure varies widely based on the vehicle’s fuel efficiency. Electric vehicle owners pay an average of 3.66 cents a mile traveled, compared with 15.81 cents a mile for pickup truck owners. Maintenance and repair costs work out to 9.55 cents a mile.

How do you calculate diesel cost per mile?

Take the current per-gallon price of diesel ($2.10) and divide it by your truck’s miles per gallon. So, $2.10 divided by 5.7 equals 36.84 cents. If you round that number up, you are spending 37 cents on fuel for every mile your truck travels.