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Thread: Calculating mileage

  1. #1

    Join Date
    Dec 2012
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    Mississauga
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    13

    Post Calculating mileage

    Dear experts ,

    I need to learn some basics to calculate the revenue ;

    As per contract , I am entitled for CAN 1.20 / mile

    and Fuel Cap is 60 c / Litre plus taxes.

    So If truck do 5000 miles in a week .

    Added fuel is around 1000 liters

    So how to calculate the revenue, keeping in view that fuel cost will be taken from me.

    Appreciate your help.

  2. #2

    Join Date
    Dec 2006
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    9,570

    Default Re: Calculating mileage

    1,000 liters of fuel to run 5,000 miles. Congratulations! You're more fuel efficient than a Prius.
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  3. #3

    Join Date
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    Default Re: Calculating mileage

    Quote Originally Posted by goraya View Post
    Dear experts ,

    I need to learn some basics to calculate the revenue ;

    As per contract , I am entitled for CAN 1.20 / mile

    and Fuel Cap is 60 c / Litre plus taxes.

    So If truck do 5000 miles in a week .

    Added fuel is around 1000 liters

    So how to calculate the revenue, keeping in view that fuel cost will be taken from me.

    Appreciate your help.
    If you can't figure out something as simple as this,you have no business owning a truck!!!
    “The problem with socialism is that you eventually run out of other people's money.”

  4. #4

    Join Date
    Dec 2012
    Location
    Mississauga
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    Default Re: Calculating mileage

    Correction , fuel is more than 2500 litre , but the question remain the same.

    I know there are many experts on this forum , but instead of criticizing , if some one can pass on the knowledge , this is the main motive of this forum I guess.

  5. #5

    Join Date
    Dec 2006
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    9,570

    Default

    Quote Originally Posted by goraya View Post
    Correction , fuel is more than 2500 litre , but the question remain the same.

    I know there are many experts on this forum , but instead of criticizing , if some one can pass on the knowledge , this is the main motive of this forum I guess.
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    Using your numbers you have a fuel cost of .30 cpm. Is your 9mpg a real and consistent number?

  6. #6

    Join Date
    May 2011
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    Scarborough, Ontario
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    4,334

    Default Re: Calculating mileage

    .60 a litre is still outrageous. 1.20 mile that was my empty rate in 1995. For comparison I was paying.36 litre. When it went to a mind blowing.44 in 2000 I figured I was making 13 bucks hour if I didn't break anything. Sorry to rain on your parade but.
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  7. #7

    Join Date
    Sep 2008
    Location
    Toronto
    Posts
    733

    Default Re: Calculating mileage

    Quote Originally Posted by goraya View Post
    Dear experts ,

    I need to learn some basics to calculate the revenue ;

    As per contract , I am entitled for CAN 1.20 / mile

    and Fuel Cap is 60 c / Litre plus taxes.

    So If truck do 5000 miles in a week .

    Added fuel is around 1000 liters

    So how to calculate the revenue, keeping in view that fuel cost will be taken from me.

    Appreciate your help.
    fuel is 60 cent per liter plus taxes? plus what taxes? hst?

    assuming its 60 cents all in for the sake of simplicity

    5000 miles x 1.20 = $6,000
    1000 liters x .60 = $600

    6000 - 600 = $5400

    However your numbers are in la la land, you're looking at around 3000 liters to do 5000 miles not 1000


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