To calculate the fuel price:
\[ FP = FN \times CF \]
Where:
Fuel Price is the total cost of the fuel needed for a specific purpose. It is calculated by multiplying the total amount of fuel needed by the cost per gallon. This calculation helps in budgeting and planning for fuel expenses.
Let's assume the following values:
Using the formula:
\[ FP = 50 \times 3.00 = 150 \]
The Fuel Price is $150.00.
Let's assume the following values:
Using the formula:
\[ FP = 30 \times 2.75 = 82.50 \]
The Fuel Price is $82.50.