Multiple Choice Questions on An author gets a royalty of 13 on the printed price of a book written by him If the printed price of........... for SSC CGL Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    An author gets a royalty of 13% on the printed price of a book written by him, If the printed price of a copy of his book is Rs. 4.50 and 600 copies of the book are sold, how much royalty did he earn ?

    Rs. 234

    Incorrect Answer

    Rs.270

    Incorrect Answer

    Rs. 312

    Incorrect Answer

    Rs. 351

    Correct Answer
    Explanation:

    Here Royalty means the amount paid to the person who write books.
    And it is given on the M.R.P.
    Royalty gained on one book = 4.5 × 13%
    Royalty gained on 600 books = 4.5 × 13% × 600 = Rs.351


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