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10 The Unique Transport Co. has been given a twenty kilometre long route to ply a bus. The bus costs the company Rs. 1,00,000. It
10 The Unique Transport Co. has been given a twenty kilometre long route to ply a bus. The bus costs the company Rs. 1,00,000. It has been insured at 3% per annum. The annual road tax amounts to Rs. 2,000. Garage rent is Rs. 400 per month. Annual repair is estimated to cost Rs. 2,360 and the bus is likely to last for five years. The salary of the driver and the conductor is Rs. 600 and Rs. 200 per month respectively in addition to 10% of takings as commission to be shared equally by them. The manager's salary is Rs. 1,400 per month and stationery will cost Rs. 100 per month. Petrol and oil will cost Rs. 50 per 100 kilometres. The bus will make three round trips per day carrying on an average 40 passengers in each trip. Assuming 15% profit on takings and that the bus will ply on an average 25 days in a month, prepare operating cost statement and also calculate the bus fare to be charged from each passenger per kilometre
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