What is the approximate MRP?
The approximate MRP is the minimum price you can set for your book, which covers printing and distribution costs. The author royalty calculator will help you determine both the minimum and maximum price range.
What factors can influence the approximate MRP of a book?
The approximate MRP can be influenced by various factors, including the total number of pages, the inclusion of color pages, the type of cover (hardcover or paperback), and the book's size.
Can I set a higher MRP?
Yes, you can set a higher MRP than the approximate MRP.
For which type of book is the approximate MRP recommended?
The approximate MRP is typically recommended for novels. For specialized or niche books, a higher MRP can be set.
How can I increase the royalty I earn on my book?
To increase your royalty, first, calculate the minimum MRP. You can boost your earnings by increasing the MRP or by reducing the number of pages while keeping the MRP unchanged. Use the author royalty calculator to assist with this.
What is the royalty rate and how is it calculated?
The author royalty is 50% of the net profit, which is calculated by subtracting the book’s production and distribution costs from the MRP.
How is the distribution cost calculated?
The distribution cost includes the distributor’s margin and the expenses associated with sending the books to the distributor.