Instructions

The following questions are based on the pie-chart given below which gives the expenditure incurred in printing a magazine:

Question 69

For a given issue of the magazine, the 2% of the cost is Rs. 2,000 and the print-run is 12,500 copies. What should be the sale price if the publisher desires a profit of 5 percent?

Solution

It is given that 2% of C.P= Rs. 2000

=>$${\ \frac{\ 2}{100}}$$*CP= 2000

=>CP= $${\ \frac{\ 200000}{2}}$$.

.'. CP= Rs. 1,00,000

Profit required =5%

So, total SP= 1.05(1,00,000)= Rs. 1,05,000.

Copies sold= 12,500.

Therefore, SP of each copy= Rs. $${\ \frac{\ 1,05,000}{12,500}}$$= Rs.8.40- Option D

Share on Whatsapp Share on Whatsapp

Create a FREE account and get:

SNAP Quant Questions | SNAP Quantitative Ability

SNAP Logical Reasoning Questions SNAP Data Interpretation Questions

SNAP Syllabus

SNAP Admit Card

SNAP Cutoffs

SNAP Eligibility Criteria

SNAP Exam Dates

SNAP Colleges List

SNAP Study Material

SNAP Registration

SNAP Result

SNAP Previous Year Papers

SNAP Crash Course

SNAP Mock Tests