Data Interpretation - Pie Charts - Discussion
Discussion Forum : Pie Charts - Pie Chart 1 (Q.No. 7)
Directions to Solve
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
7.
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: Option
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. |
 |
105 x 281250 |  |
= Rs. 1968750. |
| 15 |
 S.P. of one book = Rs. |
|
1968750 | |
= Rs. 157.50 . |
| 12500 |
Discussion:
15 comments Page 1 of 2.
Mmaloshree said:
1 decade ago
Let the total cost price be Rs.X. royalty in the pie chart is 15% of X. T
Therefore (15X/100)=281250. Hence X= Rs.1875000.
The cost price (C.P) of a single copy is 1875000/12500 = Rs.150, (where 12500 is the total number of copies given in the question).
Again the publisher desires a profit of 5% of C.P. therefore selling price of single copy (S.P)= C.P+ profit=C.P+ (5%C.P)= 150+(150*5/100)=150+7.5= Rs.157.50 (answer).
Therefore (15X/100)=281250. Hence X= Rs.1875000.
The cost price (C.P) of a single copy is 1875000/12500 = Rs.150, (where 12500 is the total number of copies given in the question).
Again the publisher desires a profit of 5% of C.P. therefore selling price of single copy (S.P)= C.P+ profit=C.P+ (5%C.P)= 150+(150*5/100)=150+7.5= Rs.157.50 (answer).
Mohit Bhandari said:
9 years ago
15% is the share of Royalty as per Pie Chart. RS 2,81,250 is the amount paid as Royalty (given in situation above).
Let cost be X then 15% of X = 281250, ie X = 1875000 (total cost for 12500 copies), 1875000/12500 = Rs 150/- Cost per copy now add 5% profit in cost ie. 157.50 (7.5 is the profit 5% of 150).
Let cost be X then 15% of X = 281250, ie X = 1875000 (total cost for 12500 copies), 1875000/12500 = Rs 150/- Cost per copy now add 5% profit in cost ie. 157.50 (7.5 is the profit 5% of 150).
(3)
Aryan said:
4 years ago
So basically you can do
Royalty of 2,81,250 is 15% of C.P
Hence, 2,81,250÷3 = 93,750.
Now, 93,750*2 = 1,87,500 (10% of C.P of the book),
1,87500*10 = 18,75,000 (C.P of book),
18,75,000÷12,500 = 150÷5% = 7.5.
Hence, 157.5.
It may sound big but I did all these calculations within a minute.
Royalty of 2,81,250 is 15% of C.P
Hence, 2,81,250÷3 = 93,750.
Now, 93,750*2 = 1,87,500 (10% of C.P of the book),
1,87500*10 = 18,75,000 (C.P of book),
18,75,000÷12,500 = 150÷5% = 7.5.
Hence, 157.5.
It may sound big but I did all these calculations within a minute.
Gulam said:
3 years ago
@All.
First, here I tried to find 1%of royalty = 281250/15.
Amount of 1% of royalty=18750,
Here, I have to find 105 % amount after adding profit on sale=18750 * 105 = 1968750
So, the Selling price of a single copy = 1968750/12500
= 157.5.
First, here I tried to find 1%of royalty = 281250/15.
Amount of 1% of royalty=18750,
Here, I have to find 105 % amount after adding profit on sale=18750 * 105 = 1968750
So, the Selling price of a single copy = 1968750/12500
= 157.5.
(3)
Dibya said:
3 years ago
15 ---- 281250 (royalty).
105 -------- 281250/15 x105 = 1968750 (sp).
SP of single copy = 1968750/12500 = 157.50.
105 -------- 281250/15 x105 = 1968750 (sp).
SP of single copy = 1968750/12500 = 157.50.
(6)
Jagadish.k said:
1 decade ago
15 is percentage of royalty in pie chart & 105% is the total percentage of book cos with profit.
Oye said:
1 decade ago
Dividing large numbers are not easy without calculator especially when you are working against time.
Jyte said:
1 decade ago
How did you get 21250, please explain the (15x/100) =281250 is not clear?
(1)
Suri said:
8 years ago
Why 15:105 taken, Will take 105:15 is this wrong ?
Muskan said:
5 years ago
What is the percentage of profit? Please tell me.
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