Kalim is asked to write a study guide for a textbook. For his work, the publishing company is giving him a choice of a one-time payment of Tk 13,375 or Tk 2,000 plus 10% royalties per copy sold. If the proposed royalty rate results in a royalty of Tk 3.25 perstudy guide sold, how many study guides need to be sold for the total income received by Kalim to be the same from either choice?

Ashifur August 8, 2023 - 17:24

Problem: Kalim is asked to write a study guide for a textbook. For his work, the publishing company is giving him a choice of a one-time payment of Tk 13,375 or Tk 2,000 plus 10% royalties per copy sold. If the proposed royalty rate results in a royalty of Tk 3.25 perstudy guide sold, how many study guides need to be sold for the total income received by Kalim to be the same from either choice?

View all: JAMUNA BANK (PO) | WRITTEN QUESTION (MATH) SOLVE | 2014

Correct Answer: ans: 3500.

Explanation:

Let, Total number of study guide need to be sold = x

According to question,=> 2000 + 3.25x = 13,375

=> $\frac{11375}{3.25}$

x = 3500

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