What is the total amount of royalty paid (in Rs.) to the authors during the years 2012, 2013 and 2016?
Show answer & explanation
Correct answer: C
Explanation
Correct Answer is option 3 i.e. 3,16,000
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Application |
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Number of copies sold in India in 2012, 2013 and 2016 = 2.5 + 3 + 4 = 9.5 × 100 = 950 Number of copies sold in abroad in 2012, 2013 and 2016 = 4 + 5 + 6 = 15 × 100 = 1500 Selling amount in India = 950 × 800 = 760000 Selling amount in abroad = 1500 × 1000 = 1500000 Royalty received in India = 760000 × 10/100 = 76000 Royalty received in abroad = 1500000 × 16/100 = 240000 Total royalty = 76000 + 240000 = 3,16,000 |
