1. 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%?
Ask Your Doubts Here
Comments
By: guest on 01 Jun 2017 11.13 pm
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 S.P. of one book = Rs. 1968750 = Rs. 157.50 . 12500