Question

The pie chart below shows the percentage break-up of the costs incurred in printing a magazine.

For a given issue of the magazine, 2% of the total cost equals Rs. 2,000, and the print run is 12,500 copies. What should the sale price of each copy be if the publisher wants a profit of 5%?

• A. Rs. 5
• B. Rs. 7.5
• C. Rs. 8
• D. Rs. 8.40

Hint:

Find the total cost from the 2% figure, add 5% profit, then divide by the number of copies.

Answer 1

The Correct Option is D

Step 1: Find the total cost price (C.P.) of the issue.
It is given that \( 2\% \) of the cost equals Rs. 2000. So the total cost is \( \text{C.P.} = \dfrac{2000 \times 100}{2} = Rs. 1,00,000 \).

Step 2: Add the desired profit to find the total sale price (S.P.).
The publisher wants a profit of \( 5\% \), so total S.P. \( = 1.05 \times 1,00,000 = Rs. 1,05,000 \).

Step 3: Divide by the number of copies to get the price per copy.
Print run \( = 12,500 \) copies. Sale price per copy \( = \dfrac{1,05,000}{12,500} = Rs. 8.40 \).

Final Answer:
Each copy should be sold at Rs. 8.40 to give the publisher a 5% profit. \[ \boxed{Rs.\ 8.40} \]