Rock musician Donny West is paid 15% on his CD sales and tour video sales. Last year, he sold one million CDs and $550000 videos. The CDs were sold to the music store for $5 each. The videos were sold to the music store for $6 each. How much did Donny West receive in royalties last year?
Answer:
Donny West received $1245000 in royalties last year.
Step-by-step explanation:
Cost of 1 CD = $5
Cost of 1000000 CD = \(1000000 \times 5=5000000\)
Cost of 1 video = $6
Cost of 550000 videos = @@MATH_TOKEN_1@@
Total sales = 5000000+3300000 = 8300000
Now we are given that Rock musician Donny West is paid 15% on his CD sales and tour video sales.
So, Donny West received in royalties last year = 15% of 8300000
= @@MATH_TOKEN_2@@
= @@MATH_TOKEN_3@@
Hence Donny West received $1245000 in royalties last year.
Donny West received $1245000 in royalties last year.
Since
Cost of 1 CD = $5
Cost of 1000000 CD
Cost of 1 video = $6
Cost of 550000 videos
Now Total sales = 5000000+3300000 = 8300000
So, the amount received should be
= 15% of 8300000
= $1245000
Therefore, Donny West received $1245000 in royalties last year.
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