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Pure gasoline has an energy density

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Pure gasoline has an energy density of 115,600 BTU per gallon, while ethanol has an energy density of 75,670 BTU per gallon. Gasoline cost $3.70 per gallon.

What would the price of E85 (85% ethanol, 15% gasoline) have to be for its cost to be the same as that of pure gasoline?

Reference no: EM132134215

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