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%?
Rs. 152.50
Rs. 157.50
Rs. 162.50
Rs. 167.50
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

Therefore S.P. of one book = Rs. ( 1968750 ) = Rs. 157.50 .
12500

Discussion:
15 comments Page 2 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).

Mdrn said:   1 decade ago
Profit = 5% of C.P.

S.P = 5%+100% = 105%.

Sanju said:   1 decade ago
How did you get 105 C.P?

Jagadish.k said:   1 decade ago
15 is percentage of royalty in pie chart & 105% is the total percentage of book cos with profit.

Priya said:   1 decade ago
How did you get 15 :105 ?
(1)


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