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Direction: The following pie-chart shows the percentage distribution of the expenditure incurred in publishing a book. Study the pie-chart and the answer the questions based on it. Various Expenditures (in percentage) Incurred in Publishing a Book.
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%?
Rs. 152.50
Rs. 157.50
Rs. 162.50
Rs. 167.50
Rs. 169.50
The total royalty cost on 12500 copies = 281250 According to the graph, the royalty cost accounts to 15%. 15% = 22.5 (as we calculated) And the publisher wants to earn the profit of 5% which means if the COST PRICE is 100; the SELLING PRICE must be 105. Therefore, the equation becomes,
22.5 /15 x 105 = 157.50
Hence, option 2 is the correct answer.
By: Amit Kumar ProfileResourcesReport error
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