Bissoy.com
Doctors Medicines MCQs Q&A

A taxi service company has 20 outstation taxi, 25 prime taxi and 40 mini taxi. The fixed monthly rent of all the taxies is Rs. 180,000. It costs Rs. 100, Rs. 80 and Rs. 50 per day towards the maintenance of each outstation taxi, prime taxi and mini taxi, respectively. They charge Rs. 2000, Rs. 500 and Rs. 100 per day to rent an outstation taxi, prime taxi and mini taxi, respectively. In month of June 2020, only 5% of outstation taxi, 20% of prime taxi and 50% of mini taxi were booked. Then, what is the profit or loss percent for July 2020?

A taxi service company has 20 outstation taxi, 25 prime taxi and 40 mini taxi. The fixed monthly rent of all the taxies is Rs. 180,000. It costs Rs. 100, Rs. 80 and Rs. 50 per day towards the maintenance of each outstation taxi, prime taxi and mini taxi, respectively. They charge Rs. 2000, Rs. 500 and Rs. 100 per day to rent an outstation taxi, prime taxi and mini taxi, respectively. In month of June 2020, only 5% of outstation taxi, 20% of prime taxi and 50% of mini taxi were booked. Then, what is the profit or loss percent for July 2020? Correct Answer 4066.67%

Calculation:

The fixed monthly rent of all the taxies = Rs. 180,000

The number of days in June 2020 = 30 days

Maintenance expenses for the month of July 2020 = 30 ×

⇒ 30 × (2000 + 2000 + 2000)

⇒ 30 × 6000

⇒ Rs. 180,000

∴ Total expense for the month of June, 2020 = Rs. (180,000 + 180,000) = Rs. 360,000

Now, the amount received from renting the cars = 30 ×

⇒ 30 × (200,000 + 200,000 + 100,000)

⇒ Rs. 15,000,000

∴ Net profit = Rs. (15,000,000 - 360,000) = Rs. 14,640,000

∴ Profit % = (14640000 / 360000) × 100

⇒ (122 / 3) × 100 = 4066.67%

∴ Profit % for July 2020 = 4066.67%

Related Questions

Two taxies start from the opposite points of a main road, 150 kms apart. The first taxi runs for 25 kms and takes a right turn and then runs for 15 kms. It then turns left and runs for another 25 kms and again after taking a left turn it reaches to main road. In the meantime, due to a minor breakdown, the other taxi has run only 35 kms along the main road. What would be the distance between the two taxies at this point?
Three friends want to hire a taxi for a trip. The taxi owner provides them with following three options: A. You can hire the taxi without an accompanying driver. This would cost you Rs. 2500 per day. Driver can be arranged from another agency for Rs. 500 per day. B. You can hire the taxi with driver from the first agency. This would cost you Rs. 2800 per day. But driver will have to be provided relief fund of Rs. 250 per day if total distance traveled exceeds 1500 KM. C. You can hire the taxi without an accompanying driver. This would cost you Rs. 2500 per day. Driver can be arranged from another agency for 50 paise per KM.  If the friends plan to travel to a place at a distance of 1500 kms and come back the next day, which tariff option should they choose? 
Ajay, Sunil, Krishna and Sumit are good friends. They rent a house together at Rs. 15,000 per month. Ajay lives in this house for only 15 days in a month. Krishna and Sumit are also working and they decide to jointly contribute Rs. 10,000 as their share of the rent. Sunil lives in the house for the whole month. If Ajay and Sunil decide to contribute to the rent based on the number of days they live in the house, what would be the share of rent paid by Ajay, Sunil, Sumit and Krishna respectively?
Three friends want to hire a taxi for a trip. The taxi owner provides them with following three options:  A. You can hire the taxi without an accompanying driver. This would cost you Rs. 2500 per day. Driver can be arranged from another agency for Rs. 500 per day.  B. You can hire the taxi with driver from the first agency. This would cost you Rs. 2800 per day. But driver will have to be provided relief fund of Rs.250 per day if total distance traveled exceeds 1500 KM.  C. You can hire the taxi without an accompanying driver. This would cost you Rs. 2500 per day. Driver can be arranged from another agency for 50 paise per KM.  If they had planned to travel total of 6000kms in 5 days. Which option would have been better? 
Three families booked a hotel. P booked 3 rooms for 4 days, Q booked 4 rooms for 5 days and R booked 2 rooms for 4 days. If the total bill of the hotel totalled Rs. 18000, how much did family P pay as its share? 
A company charges a fixed rental of Rs. 350 per month. It allows 200 calls free per month. Each call is charge at Rs. 1.4 when the number of calls exceed 200 per month and it charges Rs. 1.6 when the number of calls exceeds 400 per month and so on. A customer made 150 calls in February and 250 calls in march. By how much percent each call is cheaper in March than each call in February.
The following table shows the income (in rupees) for a particular month, together with their source, in respect of 5 employees (A, B, C, D and E).   A B C D E Salary 52,000 48,500 42,000 31,000 25,000 Overtime 0 0 1,500 2,500 3,200 Arrears 5.500 4,500 4,000 3,000 1,500 Bonus 3,500 3,000 2,500 2,000 2,000 Miscellaneous income 5,000 3,000 1,500 1,500 0 Total 66,000 59,000 40,000 40,000 31,700   For employee D, the income from overtime is what percentage of his total income?
Madhu has three friends; Sonam, Divya and Radha. Ratio of monthly income of Sonam and Divya is 5 : 6 respectively and the ratio of monthly income of Radha and Divya is 4 : 3 respectively. Monthly income of Madhu is twice that of total monthly income of all her three friends. If monthly income of Madhu is Rs 26600 then what is the highest monthly income of any of her friends?
The bar graph given below shows the cost price and selling price of 5 articles. Profit amount = Selling price – Cost price Loss amount = Cost price – Selling price Profit percent/Loss percent = [(Profit/Loss)/Cost price] × 100 Which of the following statement(s) is/are not correct? I. If the cost price of A and E gets interchanged, then there will be a loss of 24 percent on E. II. Profit earned on D is 25 percent.
The following table shows the income (in rupees) for a particular month, together with their source, in respect of 5 employees (A, B, C, D and E)   A B C D E Salary 52,000 48,500 42,000 31,000 25,000 Overtime 0 0 1,500 2,500 3,200 Arrears 5,500 4,500 4,000 3,000 1,500 Bonus 3,500 3,000 2,500 2,000 2,000 Miscellaneous income 5,000 3,000 2,000 1,500 0 Total 66,000 59,000 52,000 40,000 31,700 How many employees got more arrears than the average arrears received by all the employees?