Calculate the Royalty or share for your book
Royality Checker – easyCalc by 24by7 Publishing
1. The above calculations are to help the authors to understand the royalty share. In reality, this may vary, but, 24by7Publishing.com generally honours the author by providing him the power to set the MRP or List Price.
2. In case the royalty is coming negative (say, “INR -200, which means -35% royalty”), it is recommended to increase the List Price or MRP to have a realistic royalty.
**The other third-party retailers (online or physical stores) generally agrees to sell the books only if they are offered good discounts(in most cases up to 50%) on the MRP or List Price. For the sake of simplicity, we have calculated assuming a standard of 50% discount for those third-party retailers. This may certainly be low in some cases boosting the author’s royalty share.