M/s. David Bus Service is running two buses in a town. From the following particulars ascertain the cost of each running mile. Particulars Vehicle 'A' Vehicle 'B' Cost of the vehicle 25,000 15,000 Road licence fees 750 750 Supervision, salary (per annum) 1,800 1,200 Driver's wage per hour 4 4 Oil price of a litre 1.5 1.5 Miles per litre 6 6 Repairs and maintenance expenses per mile 1.5 1.5 Tyre expenses per mile Insurance premium per annum 1 0.8 850 500 Running Miles per annum 15,000 miles 6,000 miles Estimated life period vehicles 1,00,000 7,50,000 miles miles 10 per cent interest is to be calculated on the cost of vehicles. It is estimated that vehicles run 20m/h on an average.com