Management Aptitude Test 2017 Paper

Question : 97 of 200

Marks: +1, -0

The cost of setting up the type of a magazine is * 1000. The cost of running the printing machine is ₹ 120 per 100 copies. The cost of paper, ink and so on is 60 paise per copy. The magazines are sold at ₹ 2.75 each. 900 copies are printed, but only 784 copies are sold. W hat is the sum to be obtained from advertisements to give a profit of 10% on the cost?

₹ 730
₹ 720
₹ 726
₹ 736

Validate

Solution:

(c) ₹ 726
Cost of setting up the magazine = ₹ 1000
Cost of running the printing machine
= ₹ 120 per 100 copies
= ₹ 1.20 per copy
Cost of ink, paper and so on = ₹ 0.60 per copy
Cost of printing of 900 copies
= 900 (1.20 + 0.60) + 1000
= ₹ 2620
Selling price of784 copies = ₹ (2.75 x 784) = ₹ 2156
SP when profit is 10% =

110/100

x 2620 = ₹ 2882
Sum to be obtained from advertisements
= ₹ (2882 - 2156) = ₹ 726

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