What is the ratio of royalties earned in the following cases - By X for sale of books in India in 2013 and 2014 and By Y for sale of books abroad in 2015 and 2016?
Show answer & explanation
Correct answer: A
Explanation
Correct Answer is option 1 i.e. 65 : 138
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Application |
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Sale of books in India in 2013 and 2014 = (3 + 3.5) × 100 = 650 Selling amount in India = 650 × 800 = 520000 Royalty received in India = 520000 × 10/100 = 52000 Hence, Royalty earned by X = 52000 × 5/8 = Rs. 32500 Sale of books abroad in 2015 and 2016 = (5.5 + 6) × 100 = 1150 Selling amount in India = 1150 × 1000 = 1150000 Royalty received in India = 1150000 × 16/100 = 184000 Hence, Royalty earned by Y = 184000 × 3/8 = Rs. 69000 Required ratio = 32500 : 69000 = 65 : 138 |
