3. RTQ Ltd, a passenger transport company, is considering increasing the frequency with which it runs buses on one of its routes. Information about this route is given below: Average fare revenue per passenger/kilometre 20 0.30 30 Variable cost per passenger/kilometre (0.08) Fixed cost per passenger/kilometre (0.10), (0.18) 180 Profit per passenger/kilometre Each additional journey run along the route under consideration should yield an average of 500 passenger/kilometres. Assuming no increase in the amount of fixed cost incurred, by how much will RTQ Ltd's profit increase if (10 additional journeys are run on this particular route? 0.12 120 A. 1,100 B. 500 OC. 1,500 OD. 600