Raj Travels is a transport company that runs a fleet of 50 taxis that are used for short tours from Pune to Mulshi. The taxis have a fixed route covering 60 kms one way. Each taxi can cover 1 trip in a day, with a maximum of 4 passengers. The average occupancy of the taxis is 75% of the capacity, at an average of 20 days per month. Other cost details are as below: Cost head Amount Cost of each taxi Rs. 600,000 Scrap value at the end of its life Rs. 50,000 Life of each taxi 100,000 km Garage rent Rs. 60,000 per month Annual maintenance / cleaning charges Rs. 15,000 for each taxi Salary per driver Rs. 25,000 per month Insurance for each taxi Rs. 6,000 per annum Miscellaneous expenses for the company Rs. 50,000 per month Cost of petrol Rs. 110 per litre Mileage - Kilometers per litre 14 km If the company would like to earn a profit of 20% on the total revenue, determine the following: Total passenger kms travelled in a month b. Fare to be charged per passenger km C. Fare to be charged for a round trip in a day a