How do I figure out the pay? Let's say I'm getting 65% of a load going 600 miles for total of $900. How can I figure out what the pay per mile is?
how to figure pay out
Discussion in 'Ask An Owner Operator' started by TruckerPete1990, Mar 9, 2015.
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Unless your 65% cut is $900, in which case the load paid originally paid $1385 (900/.65) or $2.31/mileTruckerPete1990 and Riprap Thank this. -
Take the dollar amount and divide by the miles driven. 900/600=1.5
TruckerPete1990 Thanks this. -
65% of $900 is $585 and divided by 600 miles is $.975 a mile.
Dang I'm slow. LolTruckerPete1990 Thanks this. -
There's a formula for everything just a matter of decimal points.
900 x .65 = 585
585 ÷ 600 = .975TruckerPete1990 Thanks this. -
Thanks guys
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Cetane+ Thanks this.
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Well if your cost to roll is only 78 cents a mile (allegedly!) that 97.5 cents means a 20% profit. So ones man's cheap is another's gold mine. Me, I'd just roll on over and go back to sleep lol.
The formula:
97.5 x .80 = 78 -
DesiTrucker Thanks this.
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Hopefully he threw those numbers out as an example but sad as it is they are probably real numbers.
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