Enter the total cost of the tow ($) and the miles towed into the Tow Rate Calculator. The calculator will evaluate the Tow Rate.

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## Tow Rate Formula

The following two example problems outline the steps and information needed to calculate the Tow Rate.

TR = C / M

- Where TR is the Tow Rate ($/mile)
- C is the total cost of the tow ($)
- M is the miles towed

To calculate the tow rate, divide the cost of the tow by the miles towed.

## How to Calculate Tow Rate?

The following example problems outline how to calculate Tow Rate.

Example Problem #1:

- First, determine the total cost of the tow ($).
- The total cost of the tow ($) is given as: 500.

- Next, determine the miles towed.
- The miles towed is provided as: 20.

- Finally, calculate the Tow Rate using the equation above:

TR = C / M

The values provided above are inserted into the equation below and computed.

TR = 500 / 20 = 25 ($/mile)

Example Problem #2:** **

For this problem, the variables required are provided below:

total cost of the tow ($) = 600

miles towed = 10

Test your knowledge using the equation and check your answer with the calculator..

TR = C / M** = ?**