Manu printed 20 books of 200 pages each. The cost of printing is Rs. 25 per page. After this, he spent Rs. 80 per book on binding. After this, he spent Rs. 2,000 on advertising the books and Rs. 50 per book in supply. If at the end he sold each book for Rs. 7500, then find the amount gained (profit) by Manu.
Show answer & explanation
Correct answer: C
Explanation
Given:
Number of books = 20
Pages per book = 200
Print cost = ₹25 per page
Binding = ₹80 per book
Advertising = ₹2000
Supplies = ₹50 per book
Selling price = ₹7500 per book
Formula:
Profit = Total selling price − Total cost
Print cost per book = 200 × 25 = 5000
Print cost of 20 books = 5000 × 20 = 100000
Binding cost = 80 × 20 = 1600
Supply cost = 50 × 20 = 1000
Total cost = 100000 + 1600 + 1000 + 2000 = 104600
Total selling price = 7500 × 20 = 150000
Profit = 150000 − 104600 = Rs 45400