Question
Download Solution PDFVarious expenditures incurred by a publishing company for publishing a book in 2018 are given in the following pie chart. Study the chart and answer the question.
Price printed on a book is 15% above the cost price. If the price printed on a book is Rs. 942, then the cost of paper for a single copy in Rs. is (rounded off to one decimal place)
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFCalculation:
Let the Cost price of the book be 100
Then, Marked Price of the book is 100 + (15% of 100) = 115
Printed price or marked price = 942
Cost price of book = 942 × (100/115)
⇒ 819.13
Now,
Paper cost = 819.13 × 15/100
⇒ 122.869 ≈ 122.9
∴ The required answer is Rs. 122.9
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