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%?

Answer» 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


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