Question : Direction: Various expenditures incurred by a publishing company for publishing books in 2011 are given below. Study the chart and answer the question.

The marked price of a book is 20% above the cost price, If the marked price is Rs. 180, then the cost of paper for a single copy is:

Option 1: Rs. 44.25

Option 2: Rs. 36

Option 3: Rs. 22.50

Option 4: Rs. 42


Team Careers360 14th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: Rs. 22.50


Solution : Given that the marked price of the book is 20% above the cost price and the marked price is Rs. 180.
Let the cost price be C.
⇒ C + 0.20C = 180
⇒ 1.20C = 180
$\therefore$ C = Rs. 150
The cost of paper is 15% of the total cost.
The cost of paper for a single copy of the book = 0.15 × 150 = Rs. 22.50
Hence, the correct answer is Rs. 22.50.

How to crack SSC CHSL

Candidates can download this e-book to give a boost to thier preparation.

Download Now

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
GRE ® Registrations 2024
Apply
Apply for GRE® Test now & save 10% with ApplyShop Gift Card | World's most used Admission Test for Graduate & Professional Schools
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books