Neeta Transport company is running 4 buses between Delhi & Alver, covering a distance of 100 kms.

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Neeta Transport company is running 4 buses between Delhi & Alver, covering a distance of 100 kms. The seating capacity of each bus is 40 passengers. Following particulars are obtained from its books for the month of Nov. 2015. Wages of Drivers & Conductors 9,600 Salaries of office staff 3,000 Honorarium of Accountant 1,000 Diesel, Oil, etc. 16,000 Repairs & maintenance 3,200 Road tax & insurance 6,400 Interest & other charges 8,000 Depreciation 10,400 Actual passengers carried were 75% of capacity. All the buses ran for 30 days 10 each bus made one round trip per day. Find out the fare the company should charge per passenger/km if it wants a profit of 20%.

Posted Date: May 13, 2024 06:31 AM

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Neeta Transport company is running 4 buses between Delhi & Alver, covering a distance of 100 kms.

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Neeta Transport Company Fare Calculation 1 Total Revenue Calculation Total number of trips per day 4 buses 1 tripbusday 4 tripsday Total distance cove... View the full answer

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