Question
Download Solution PDFThe below given pie-chart shows the percentage distribution of the expenditure incurred in publishing a book. Study the pie-chart and answer the given question:
The price of the book is marked 20% above the C.P. If the marked price of the book is Rs. 180, what is the cost of the paper used in a single copy of the book?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Marked price = ₹ 180
Marked price is 20% above CP
Paper cost percentage = 25%
Formula used:
Marked Price = CP + 20% of CP = 1.2 × CP
Paper Cost = 25% of CP = 0.25 × CP
Calculation:
180 = 1.2 × CP
⇒ CP = 180 / 1.2
⇒ CP = 150
Paper Cost = 0.25 × 150
⇒ Paper Cost = 37.5
∴ The cost of the paper used in a single copy of the book is ₹ 37.5.
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