The formula to calculate the rate per km is:
\[ RKM = \frac{C}{D} \]
Where:
The rate per km refers to the cost per kilometer traveled. It is calculated by dividing the total cost by the total distance in kilometers. This metric is useful for budgeting and cost analysis in transportation and logistics.
Example 1:
Using the formula:
\[ RKM = \frac{500}{100} = 5 \text{ \$/km} \]
Example 2:
Using the formula:
\[ RKM = \frac{750}{150} = 5 \text{ \$/km} \]