Good afternoon,
It being a slow day at work, I've come up with a fiendish change-over related refund situation for folks to have a go at...if you dare.
Just to make life a bit easier for those who don't have access to old NFMs, I'll use current fares, though it'll make the dates look a bit silly.
Passenger A buys an Annual Season ticket between London Terminals and Banbury, valid from 02/01/2013 to 01/01/2014, at a cost of £5028.00 (7 day rate: £125.70).
On 28/03/2013 the passenger requests a change-over to a London Terminals - Princes Risborough ticket, effective from 02/04/2013. The Annual for this would have been £3280.00 (7 day rate: £82.00). As such, they receive a refund of £1317.25.
On 28/06/2013, they request a further change-over to London Terminals - Gerrards Cross, effective from 02/07/2013. The Annual would have been £2360.00 (7 day rate: £59.00). They received a refund of a further £463.68.
The question is this: Suppose our passenger then hands the last of the three tickets in for a refund on 01/08/2013, having used the ticket on that day (i.e. an overall validity period of exactly 7 months). What refund would they be entitled to?
And if you feel like a second challenge, what if the tickets were the other way round? So they started with London - Gerrards Cross, then upgraded to Princes Risborough and finally to Banbury? Assume the same dates.
Cheers,
Barry
It being a slow day at work, I've come up with a fiendish change-over related refund situation for folks to have a go at...if you dare.
Just to make life a bit easier for those who don't have access to old NFMs, I'll use current fares, though it'll make the dates look a bit silly.
Passenger A buys an Annual Season ticket between London Terminals and Banbury, valid from 02/01/2013 to 01/01/2014, at a cost of £5028.00 (7 day rate: £125.70).
On 28/03/2013 the passenger requests a change-over to a London Terminals - Princes Risborough ticket, effective from 02/04/2013. The Annual for this would have been £3280.00 (7 day rate: £82.00). As such, they receive a refund of £1317.25.
On 28/06/2013, they request a further change-over to London Terminals - Gerrards Cross, effective from 02/07/2013. The Annual would have been £2360.00 (7 day rate: £59.00). They received a refund of a further £463.68.
The question is this: Suppose our passenger then hands the last of the three tickets in for a refund on 01/08/2013, having used the ticket on that day (i.e. an overall validity period of exactly 7 months). What refund would they be entitled to?
And if you feel like a second challenge, what if the tickets were the other way round? So they started with London - Gerrards Cross, then upgraded to Princes Risborough and finally to Banbury? Assume the same dates.
Cheers,
Barry
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