The car I chose is Tata Winger (non-ac). It has a seating capacity of 13 people plus driver. The car is purchased on the 12 monthly easy Emi scheme. I am going to buy 3 cars but calculate for 1 car and multiply that by 3.
Yearly income
13 seater non- ac car. Three one way trips from Mumbai to Pune.
Per customer fare = 200
Total income collected in a year = 200*13*3*365 = 2,847,00,0.
Total income for 3 cars = 8,541,000.
Yearly expenditure
Driver’s salary (per annum) = 5, 00,000
Emi of car (12 monthly Emi’s for 1 year) = 70, 12, 0* 12 = 8, 414, 40.
Diesel cost (Rs 58.23/liter) yearly = 2990*365 =10,913, 50
Maintenance yearly (first 6 months free) =1300
Toll (150 one way) yearly =1, 642, 50
Total expenditure (1car) = 2,598,340 Total expenditure (3 cars) =7,795,020.
Total profit on three cars = total income – total expenditure. = 8,541,000 - 7,795,020 = 745,980.
Profit percentage = 8.73%
The profit for the coming years will increase significantly because the Emi is only for a year.
Corporate Social Responsibility (CSR) – The societal responsibility of companies
The voluntary compliance of social and ecological responsibility of companies is called Corporate Social Responsibility (CSR).
Corporate social