Mr. X owns a bus which runs according to the following schedules: i) Delhi to Chandigarh...

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Mr. X owns a bus which runs according to the following schedules: i) Delhi to Chandigarh and back, the same day. Distance covered: Number of days run each month: Seating capacity occupied ii) Delhi to Agra and back, the same day. Distance covered: Number of days run each month: Seating capacity occupied Delhi to Jaipur and back, the same day. Distance covered: Number of days run each month: Seating capacity occupied 250 km, one way 8 90% 210 km, one way 10 85% 270 km, one way 6 100% iv) Following are the other details: Cost of the bus Salary of the Driver Salary of the conductor Salary of the part time accountant Insurance of the bus Diesel consumption 4 km. per liter at Road tax Lubricant oil Permit fee Repair and maintenance Description of the bus Seating capacity of the bus €12,00,000 * 24,000 p.m * 21,000 p.m €5,000 p.m 4,800 p.m * 56 per liter 215,915 P.a *10 per 100 km *315 p.m *1000 p.m @ 20% p.a. persons 50 Passenger tax is 20% of the total takings. CALCULATE the bus fare to be charged from each passenger to earn a profit of 30% on total takings. The fares are to be indicated per passenger for the journeys: (1) Delhi to Chandigardh (ii) Delhi to Agra and (iii) Delhi to Jaipur. A company is considering three alternative proposals for conveyance facilities for its sales personnel who has to considerable travelling, approximately 20,000 kilometers every year. The proposal are as follows: i. Purchase and maintain its own fleet of cars. The average cost of a car is * 6,00,000. 11. Allow the executive use his own car and reimburse expenses at the rate of 10 per kilometer and also bear insurance costs. Mr. X owns a bus which runs according to the following schedules: i) Delhi to Chandigarh and back, the same day. Distance covered: Number of days run each month: Seating capacity occupied ii) Delhi to Agra and back, the same day. Distance covered: Number of days run each month: Seating capacity occupied Delhi to Jaipur and back, the same day. Distance covered: Number of days run each month: Seating capacity occupied 250 km, one way 8 90% 210 km, one way 10 85% 270 km, one way 6 100% iv) Following are the other details: Cost of the bus Salary of the Driver Salary of the conductor Salary of the part time accountant Insurance of the bus Diesel consumption 4 km. per liter at Road tax Lubricant oil Permit fee Repair and maintenance Description of the bus Seating capacity of the bus €12,00,000 * 24,000 p.m * 21,000 p.m €5,000 p.m 4,800 p.m * 56 per liter 215,915 P.a *10 per 100 km *315 p.m *1000 p.m @ 20% p.a. persons 50 Passenger tax is 20% of the total takings. CALCULATE the bus fare to be charged from each passenger to earn a profit of 30% on total takings. The fares are to be indicated per passenger for the journeys: (1) Delhi to Chandigardh (ii) Delhi to Agra and (iii) Delhi to Jaipur. A company is considering three alternative proposals for conveyance facilities for its sales personnel who has to considerable travelling, approximately 20,000 kilometers every year. The proposal are as follows: i. Purchase and maintain its own fleet of cars. The average cost of a car is * 6,00,000. 11. Allow the executive use his own car and reimburse expenses at the rate of 10 per kilometer and also bear insurance costs.

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To calculate the bus fare for each journey and earn a 30 profit on total takings you can use the following steps Calculate Total Costs Sum up the cost... View the full answer