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If for a certain quantity of books, the publisher has to pay Rs. 30,600 as printing cost, then what will be the amount of royalty to be paid for these books?

  • A.Rs. 19,450
  • B.Rs. 21,200
  • C.Rs. 22,950
  • D.Rs. 26,150

Answer: C

Let the total cost be T.

The printing cost is 20% of the total cost. So, 0.20 × T = Rs. 30,600.

T = 30600 / 0.20 = Rs. 153,000.

The royalty is 15% of the total cost.

Amount of royalty = 15% of 153,000 = 0.15 × 153,000 = Rs. 22,950.

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