Sai Travels owns a bus and operates a tourist service on daily basis. The bus starts from New city to Rest village and returns back to New city the same day. Distance between New city and Rest village is 250 km. This trip operates for 10 days in a month. The bus also plies for another 10 days between New city and Shivapur and returns back to New city the same day; distance between these two places is 200 km. The bus makes local sightseeing trips for 5 days in a month covering a total distance of 60 km. The following data are given:
|
Cost of bus |
Rs. 3,50,000 |
|
Depreciation |
25 per cent |
|
Driver’s salary |
Rs. 1,200 p.m. |
|
Conductor’s salary |
Rs. 1,000 p.m. |
|
Part-time clerk’s salary |
Rs. 400 p.m. |
|
Insurance |
Rs. 1,800 p.a. |
Diesel consumption 4 km per litre at Rs. 8 per litre
|
Token tax |
Rs. 2,400 p.a. |
|
Permit fee |
Rs. 1,000 p.m. |
Lubricant oil Rs. 100 for every 200 km
|
Repairs and maintenance |
Rs. 1,500 p.m. |
|
Normal capacity |
50 passengers |
While plying to and from Rest village, the bus occupies 90 per cent of the capacity and 80 per cent when it plies between New city to Shivapur (both ways). In the city, the bus runs full capacity. Passenger tax is 20 per cent of net takings of the travels firm. Calculate the rate to be charged to Rest village and Shivapur from New city, per passenger, if the profit required to be earned is 33 per cent of net takings of the firm.