Explanation: Rapido Hire is a ride-sharing service that operates in several cities across India, including Bangalore. The service offers a convenient way for users to book rides through a mobile application. However, like many other ride-sharing platforms, Rapido has specific policies regarding ride cancellations to ensure fair usage and to manage the operational costs associated with the service.
One of the key policies of Rapido Hire is the imposition of a cancellation fee. This fee is charged when a user cancels a ride after booking it. The rationale behind this policy is to cover the costs incurred by the company and the driver for preparing to fulfill the ride request. These costs can include the driver's time and the potential loss of income from another potential ride.
In the case of the question, Pawan has booked a ride at 5 pm and cancelled it at 5:08 pm. According to Rapido's cancellation policy, a cancellation fee of Rs.12 is applicable for cancellations made within 8 minutes of booking. This policy is designed to discourage users from making last-minute cancellations, which can be disruptive to the service and costly for the company.
It is important to note that the cancellation fee policy can vary between different ride-sharing services. For instance, other services like Uber or Ola might have different cancellation fee structures. Therefore, it is crucial for users to familiarize themselves with the specific policies of the service they are using to avoid unexpected charges.
In summary, the correct answer is that a cancellation fee of Rs.12 is charged for cancelling a Rapido Hire ride within 8 minutes of booking. This policy is a standard practice in the ride-sharing industry to manage operational costs and ensure fair usage of the service. Understanding these policies helps users make informed decisions and manage their expenses effectively.