City Bus Corporation runs two buses from terminus A to terminus B, one from each terminus such that each bus makes 5 round trips in a day. There are no stops in between. These buses ply back and forth on the same route at different but uniform speeds. Each morning the buses start at 7 AM from the respective terminuses. They meet for the first time at a distance of 7 km from terminus A. Their next meeting is at a distance of 4 km from terminus B, while travelling in opposite directions. Assuming that the time taken by the buses at the terminuses is negligibly small, and the cost of running a bus is 20 per km, find the daily cost of running the buses.