KVK: Based on the synopsis and sample writing, you could be offered a contract which, apart from the usual warranties etc required of you, would commit to an advance based on first print run and price.
Suppose the book was priced at Rs 295 in hardcover, you would get 10% of the cover price as royalty on every copy sold. On paperback sales, it would be 7.5% of cover price. About half the money expected to be earned as royalty on first print run (which would be about 3,000) would be given upfront on signature of contract.
RV: Isn't HarperCollins miserly?!!! Or is that a reasonable rate?
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