a A transport company has been given a 40 km long route to run 5 buses. The cost of each bus is $6,50,000. The buses will make 3 round trips per day carrying on an average 80% passengers of their seating capacity. The seating capacity of each bus is 50 passengers. The buses will run on an average 25 days in a month. The other information for a year are given below: Garage rent $4,000 per month Annual repairs and maintenance $22,500 per bus Salary of 5 drivers $3,000 each per month Wages of 5 conductors $1,200 each per month Manager's salary $7,500 per month Road tax etc. $5,000 per quarter Office expenses $2,000 per month Cost of diesel per litre $33 Km. run per litre for each bus 6 km Annual depreciation 15% of cost Annual insurance 3% of cost Calculate the bus fare to be charged from each passenger per km, if the company wants to earn a profit of 331/3% on takings (total receipts from passengers) ann