The formula to calculate the bus rental cost (BRC) is:
\[ BRC = BRT \times BRR \]
Where:
Let's say the bus rental time (\( BRT \)) is 5 hours, and the bus rental rate (\( BRR \)) is $20 per hour. Using the formula:
\[ BRC = 5 \times 20 \]
We get:
\[ BRC = 100 \]
So, the bus rental cost (\( BRC \)) is $100.
Suppose the bus rental time (\( BRT \)) is 8 hours, and the bus rental rate (\( BRR \)) is $15 per hour. Using the formula:
\[ BRC = 8 \times 15 \]
We get:
\[ BRC = 120 \]
So, the bus rental cost (\( BRC \)) is $120.
The bus rental cost is the total amount of money required to rent a bus for a specified period. It is calculated by multiplying the rental time by the rental rate. This cost includes the time the bus is rented and the hourly rate charged by the rental company.