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.

Muskan said:   5 years ago
What is the percentage of profit? Please tell me.

Nabamita said:   5 years ago
How did we get 15:105?

Please explain.
(1)

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.

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.
(3)

Dibya said:   3 years ago
15 ---- 281250 (royalty).
105 -------- 281250/15 x105 = 1968750 (sp).

SP of single copy = 1968750/12500 = 157.50.
(6)


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