Q-4 For an edition of 12,500 copies,
the amount of Royalty paid by the
publisher is Rs. 2,81,250. What should
be the selling price of the book if the
publisher desires a profit of 5%?
O Rs. 152.50
O Rs. 157.50
O
Rs. 167.50
Rs. 162.50
Answers
Answer:
Step-by-step explanation:
Answer =0
Answer:
For an edition of 12,500 copies, the amount of Royalty paid by the publisher is Rs. 2,81,250. What should be the selling price of the book if the publisher desires a profit of 5%?
[A]. Rs. 152.50
[B].
Rs. 157.50 @
[C]. Rs. 162.50
[D]. Rs. 167.50
Answer: Option B
Explanation:
Clearly, S.P. of the book = 105% of C.P.
Let the selling price of this edition (of 12500 books) be Rs. x.
Then, 15 : 105 = 281250 : x => x = Rs. ( 105 x 281250 ) = Rs. 1968750.
15
Therefore S.P. of one book = Rs. ( 1968750 ) = Rs. 157.50 .
12500
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Priya said: (Nov 23, 2010)
How did you get 15 :105 ?
Jagadish.K said: (Apr 19, 2011)
15 is percentage of royalty in pie chart & 105% is the total percentage of book cos with profit.
Sanju said: (May 15, 2011)
How did you get 105 C.P?
Mdrn said: (Aug 6, 2011)
Profit = 5% of C.P.
S.P = 5%+100% = 105%.
Mmaloshree said: (Jan 5, 2013)
Let the total cost price be Rs.X. royalty in the pie chart is 15% of X. T
Therefore (15X/100)=281250. Hence X= Rs.1875000.
The cost price (C.P) of a single copy is 1875000/12500 = Rs.150, (where 12500 is the total number of copies given in the question).
Again the publisher desires a profit of 5% of C.P. therefore selling price of single copy (S.P)= C.P+ profit=C.P+ (5%C.P)= 150+(150*5/100)=150+7.5= Rs.157.50 (answer).
Oye said: (Jun 2, 2013)
Dividing large numbers are not easy without calculator especially when you are working against time.
Jyte said: (Mar 6, 2014)
How did you get 21250, please explain the (15x/100) =281250 is not clear?
Mohit Bhandari said: (Dec 19, 2016)
15% is the share of Royalty as per Pie Chart. RS 2,81,250 is the amount paid as Royalty (given in situation above).
Let cost be X then 15% of X = 281250, ie X = 1875000 (total cost for 12500 copies), 1875000/12500 = Rs 150/- Cost per copy now add 5% profit in cost ie. 157.50 (7.5 is the profit 5% of 150).
Suri said: (Nov 10, 2017)
Why 15:105 taken, Will take 105:15 is this wrong ?
Yagnik said: (Dec 28, 2017)
How 15:105?
Please explain.
Muskan said: (May 20, 2020)
What is the percentage of profit? Please tell me.