Question

The cost of printing 2000 copies of a book is as follows:
Paper:Rs. 6400.
Printing:Rs.4000 per thousand copies.
Binding:Rs.280 per thousand copies.
If the publisher allows 15% discount to the bookseller and realizes a profit of 27.5 %,what is the S.P. of each copy ?

Answer 1

Selling Price each copy = 9.537  Rs and Marked price of each copy = Rs 11.22

Step-by-step explanation:

Paper Cost = Rs. 6400.

Printing:Rs.4000 per thousand copies.

=> Cost of Printing 2000 Copies = 8000 Rs

Binding:Rs.280 per thousand copies.

=> Cost of Binding 2000 Copies = 560 Rs

Total Cost of 2000 Copies = 6400 + 8000 + 560

= 14960 Rs

Cost of 1 Book = 14960/2000 = 7.48  Rs

profit of 27.5 % =  (27.5/100) * 7.48  = 2.057 Rs

Selling Price each copy = 7.48 + 2.057 = 9.537  Rs

Marked price = M

Discount = 15 %  = 0.15M

Selling Price = 0.85M

0.85M = 9.537

=> M = 11.22 Rs

Marked price of one copy = Rs 11.22

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