Join Examsbook
Answer : 2. "Rs. 157.50"
For an edition of 12,500 copies, the amount of Royalty paid by the publisher is Rs. 2,18,250. What should be the selling price of the book if the publisher desires a profit of 5%?
Q:
For an edition of 12,500 copies, the amount of Royalty paid by the publisher is Rs. 2,18,250. What should be the selling price of the book if the publisher desires a profit of 5%?
- 1Rs. 152.50false
- 2Rs. 157.50true
- 3Rs. 162.50false
- 4Rs. 167.50false
- Show AnswerHide Answer
- Workspace
Answer : 2. "Rs. 157.50"
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. 
= Rs. 1968750.
⸫ S.P of one book = Rs. 
= Rs. 157.50