Cost of paper is Rs 56250. Promotion cost is 10%. Find the promotion cost of edition.
Understand the Problem
The question is asking us to calculate the promotion cost based on the total cost of paper and a promotion percentage. We will first determine 10% of the total cost of Rs 56250 to find the promotion cost.
Answer
The promotion cost is Rs 5625.
Answer for screen readers
The promotion cost is Rs 5625.
Steps to Solve
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Identify the total cost of paper The total cost of paper is provided as Rs 56250.
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Determine the promotion percentage The promotion percentage is given as 10%.
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Calculate the promotion cost We need to find 10% of the total paper cost. To calculate this, we can use the formula for percentage: $$ \text{Promotion Cost} = \left( \frac{\text{Percentage}}{100} \right) \times \text{Total Cost} $$
Plugging in the values: $$ \text{Promotion Cost} = \left( \frac{10}{100} \right) \times 56250 $$
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Perform the multiplication Now, calculate (0.10 \times 56250): $$ \text{Promotion Cost} = 0.10 \times 56250 = 5625 $$
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State the promotion cost The promotion cost is thus calculated as Rs 5625.
The promotion cost is Rs 5625.
More Information
The promotion cost is calculated as a percentage of the total cost, and in this case, it's Rs 5625, which can help budget for marketing expenses.
Tips
- Forgetting to convert the percentage to a decimal when using it in calculations. Always divide the percentage by 100 before multiplying.
- Incorrectly calculating the multiplication after applying the percentage.
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