George bought 5 cars with an investment of Rs.500000 and started renting them. Fuel charges are Rs.50/km and he pays Rs.5000 as the salary to each driver of the car. If the average run of each car in a month is 200 km, how much should be charged per km to get his investment in 15 years?

• Total Investment = 5,00,000
  
  1 month expenses = (5*5000)+(50*200*5) = 75,000
  1 Year expenses = 12*75000 = 9,00,000
  15 Year Expenses = 15*9,00,000=1,35,00,000
  
  Now Total Expenses = 1,35,00,000 + 5,00,000 = 1,40,00,000
  
  Total Distance in Km in 15 Years = 15*5*12*200=1,80,000
  
  Cost = Total Expenses/Total Distance = ₹ 77.78/km
• 6 years agoHelpfull: Yes(11) No(0)
• 15*5*12*200*x -15*12*200*5*50 - 5000*15*12*5 = 500000
  x=302.7Rs. per km
• 6 years agoHelpfull: Yes(0) No(9)