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SAT, 26.08.2021 05:20 carolin7493

The total operating costs of a monorail are paid using a combination of passenger fares and tax revenue. The farebox recovery ratio is the ratio of passenger fares to total operating costs. A
monorail in one city has $69 million in operating costs per year, and uses $30 million from tax
revenue. To the nearest hundredth, what is the farebox recovery ratio for the city?

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