If the prices include a margin of 10% over the total cost that the company incurs, what is the minimum cost per kilometer that the company incurs in flying from A to J?
Explanation:
The minimum cost per km that the company incurs would correspond to the minimum price per km route.
By observation from the table, minimum price per kilometre is for the route AHJ and is equal to
2275/2350 = 0.97
Minimum cost per kilometre = 0.97/1.1 = 0.88
Hence, option (b).
Help us build a Free and Comprehensive Preparation portal for various competitive exams by providing us your valuable feedback about Apti4All and how it can be improved.