Enter the fare revenue ($) and the operating costs ($) into the Calculator. The calculator will evaluate the Cost Recovery Ratio.
Cost Recovery Ratio Formula
CRR = FR / OC
Variables:
- CRR is the Cost Recovery Ratio ()
- FR is the fare revenue ($)
- OC is the operating costs ($)
To calculate the Cost Recovery Ratio, divide the fare revenue by the operating costs.
How to Calculate Cost Recovery Ratio?
The following steps outline how to calculate the Cost Recovery Ratio.
- First, determine the fare revenue ($).
- Next, determine the operating costs ($).
- Next, gather the formula from above = CRR = FR / OC.
- Finally, calculate the Cost Recovery Ratio.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
fare revenue ($) = 94
operating costs ($) = 32
