What percentage has price increased going from crude oil

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An oil company refines crude oil valued at $62/barrel and sells it to motorists at its retail outlets The price is $2.90/U.S. gallon (S0.77/L). On a per unit basis (e.g., per gallon or per liter), by what percentage has the price increased going from crude oil before refining to final sale to the motorist'?

Reference no: EM131917152

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