For an edition of 12,500 copies, the amount of Royalty paid by the pub – McqOptions

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1.	For an edition of 12,500 copies, the amount of Royalty paid by the publisher is Rs. 2,81,250. What should be the selling price of the book if the publisher desires a profit of 5%?
A.	Rs. 152.50
B.	Rs. 157.50
C.	Rs. 162.50
D.	Rs. 167.50
Answer» C. Rs. 162.50

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