Enter the profit per barrel of oil ($) and the cost of finding and developing the oil ($) into the Recycle Ratio Calculator. The calculator will evaluate the Recycle Ratio.

## Recycle Ratio Formula

The following two example problems outline the steps and information needed to calculate the Recycle Ratio.

RR = PPB / CDO

Variables:

• RR is the Recycle Ratio ( )
• PPB is the profit per barrel of oil ($) • CDO is the cost of finding and developing the oil ($)

## How to Calculate Recycle Ratio?

The following steps outline how to calculate the Recycle Ratio.

1. First, determine the profit per barrel of oil ($). 2. Next, determine the cost of finding and developing the oil ($).
3. Next, gather the formula from above = RR = PPB / CDO .
4. Finally, calculate the Recycle Ratio.
5. After inserting the variables and calculating the result, check your answer with the calculator above.

Example Problem :

Use the following variables as an example problem to test your knowledge.

profit per barrel of oil ($) = 45 cost of finding and developing the oil ($) = 30

RR = PPB / CDO  = ?