Due to continuous rise in the prices of petrol, Mr. Rohan decided to convert his existing scooter into EV by fitting a compatible kit which costs Rs. 58500.
Present petrol price is Rs. 110 per liter and mileage of existing scooter is 40 km/liter and if converted to EV, it costs Rs. 15 per charge and scooter can run 100 km per charge.
If it is presumed that existing petrol, charging costs and mileage remains same over the period, then how much minimum kilometre must Mr. Rohan drive, so that his EV conversion cost gets recovered?
