Answered step by step
Verified Expert Solution
Question
1 Approved Answer
11 11 !! A transport company maintains a fleet of buses as follows: No. of buses Carrying capacity 10 60 passengers each 40 Each bus
11 11 !! A transport company maintains a fleet of buses as follows: No. of buses Carrying capacity 10 60 passengers each 40 Each bus makes 4 trips (i.e., both upward and downward journeys in one trip) in a day, covering a distance of 5 kilometres in each one way journey in each trip. On an average, 75% of the seats are occupied in each trip. Assuming that the company operates its fleet 25 days in a month, ascertain operating cost per passenger-kilometre, taking into account the following further information : Wages of 15 drivers Rs. 250 p.m. each Petrol, oil, grease etc. Rs. 3,000 p.m. Rs. 1,500 p.m. Repairs Rs. Tyre, tube etc. Rs. 90,000 p.a. Depreciation Rs. 9,000 p.a. Garage rent Rs. 12,000 p.a. Interest on capital Rs. 3,000 p.a. General supervising charges 375 p.m
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started