As per Indian Railways' dynamic pricing system, only the first ticket sold in Rajdhani, Shatabdi, and Duronto trains are available at the originally listed fares.

Correct option is B

Correct Answer: (b) 10%
Explanation: Under Indian Railways' Flexi Fare System, implemented in 2016, the fare structure for Rajdhani, Shatabdi, and Duronto trains follows a dynamic pricing model. The first 10% of seats are available at the base fare. After that, the fare increases by 10% for every additional 10% of seats sold. The maximum fare is capped at 1.5 times the base fare once 50% of the seats are booked. This pricing strategy helps Indian Railways optimize revenue and manage demand efficiently.
Key Points for Exam:
· First 10% of seats are sold at the base fare.
· For every additional 10% of seats booked, fares rise by 10%.
· Maximum fare cap:1.5 times the base fare after 50% of seats are sold.
· Objective:Optimize revenue and manage demand efficiently.
This system allows Indian Railways to adjust fares dynamically while ensuring optimal seat utilization.