Question:
The cost of setting up the type of a magazine is Rs. 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. What is the sum to be obtained from advertisements to give profit of 10% on the cost?

Option A):
Rs. 726
Option B):
Rs. 730
Option C):
Rs. 736
Option D):
Rs. 750

Correct Answer is Option A):
Rs. 726

Explanation:
Total cost = type+Printing+paper, ink
= 1000+120*9+540 = 2620;
Net sum to be recovered = Rs. 2882;
Total magazine sold 784 for = 784*2.75 = 2176.
Sum obtained from advertisement = 2882-2176 = Rs. 726.