Question

Mr. John recieves royalty at 7 whole 1/2 for the rest of the first 5000 books . 10% for the next 5000 books and 12 whole 1/2 rest. how much amount will he receive if 15000 copies are sold at ₹ 210 each .​

Answer 1

Answer:Number of books sold = 15000 (Given)

Price of a book = Rs 80 (Given)

.

First 5000 books:

Selling Price = 5000 x 80 = Rs 400 000

Royalty = 7.5% x 400 000 = 0.075 x 400 000 = Rs 30 000

.

Books remaining = 15000 - 5000 = 10000

.

Next 5000 books:

Selling Price = 5000 x 80 = Rs 400 000

Royalty = 10% x 400 000 = 0.1 x 400 000 = Rs 40 000

.

Remaining books = 10 000 - 5000 = 5000

.

Remaining 5000 books:

Selling Price = 5000 x 80 = Rs 400 000

Royalty = 12.5% x 400 000 = 0.125 x 400 000 = Rs 50 000

.

Total Royalty = 30 000 + 40 000 + 50 000 = Rs 120 000

.

Answer: The royalty fee that the author received is Rs 120 000

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Answer 2

Here is Your answer.

Rs.12000