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Ankur Bhandari

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· 1 Months ago

120 rupees per 100 copies is given why 120rupees is converted in paise

Question:
The cost of setting up a type of magazine is  \(\unicode{x20B9} \)1000. The cost of running the printing machines is \(\unicode{x20B9} \)120 per 100 copies. The cost of paper, ink etc. is 60 paise per copy. The magazines are sold at \(\unicode{x20B9} \)2.75 each 900 copies are printed, but only 784 are sold. What will be the sum received from advertising to make an overall profit of 10%? 
Options:
A) \(\unicode{x20B9} \)464
B) \(\unicode{x20B9} \)654
C) \(\unicode{x20B9} \)710
D) \(\unicode{x20B9} \)726
Solution:
Ans: (d) Total expenditure = 1000 + 1.2 × 900 + 0.6 × 900 = 2620

Income = 2620 × 1.1 = 2882.0 = 2882

Income from advertisement = 2882 - 784 × 2.75

= 2882 - 2156 = 726

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