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  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%?

    2. A.

    Rs. 152.50
    B.
    Rs. 157.50
    C.

    Rs. 162.50
    D.

    Rs. 167.50

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    Answer : Option B

    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. \([\frac { 1 05 *281250} {15} ]\) = Rs. 1968750

    Therefore S.P. of one book = Rs. [ \(\frac { 1968750 } { 12500 } \)] = RS. 157.50

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