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