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  = ?