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A road Transporting organisation runs 200 Buses of the equal seating capacity. The actual cost of a Bus is $. 3,00,000. Depreciation as per

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A road Transporting organisation runs 200 Buses of the equal seating capacity. The actual cost of a Bus is $. 3,00,000. Depreciation as per fixed instalment system is 10% 1. Number of passengers (Average) per trip 40 2. A bus travels 30,000 kms in a year 3. 20% of the Buses are stopped for repairs. Particulars of the year: 1. Variable costs (Average) per bus $. 48,000 2. Fixed costs (ex. Depreciation) per bus $. 15,000. 3. Total administrative expenses for all buses in a year 9,60,000 Calculating 10% profit on cost, ascertain kilometre charge for 30 passengers (adjust to nearest dollar). Find out the hire to be charted for a marriage party to cover a distance of 400 kms. (to and fro)

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