The initial cost to drill a well is $21000. the daily rate to operate the well is $500. the current selling price is $65 per barrel of oil and the well is expected to produce 115 barrels per day. what would be the revenue for one day?

answer is 67%

step-by-step explanation:

use an equation of ratios to determine the amount of gas needed to fill the tank.

    0.2             0.8

  =    

288.75             x

                                                              231 gal

so, 0.2x = (0.8)(288.75 gal), and x = = 1155 gal.

                                                                0.2

it would take 1155 gal. to fill the tank.

the cost would be

1155 gal         $3

* = $3465   (answer)

      1           1 gal

hope this you