Answered

Luke and Matthew ran a lemonade stand on Saturday. They agreed that Matthew would get 60 percent of the profit because the lemonade stand was his idea. They made a profit of $25.

How much money did Matthew make? Please explain!

Verified Answer :

60%=0,6
25*0,6=15$ Matthew made

taskmasters

In the question it is already mentioned that Matthew would get 60% of the total profit generated from the lemonade stand set up on Saturday. The total profit generated from the Lemonade stand was $25. Luke would get 40% of the profit. Now we can come to the mathematical part for finding the amount of profit generated by Matthew.
60% of $25 = (60/100) 25
                   = (6/10) 25
                   = 150/10
                   = 15
So the profit made by Luke is $15. The amount of profit made by Matthew was $10 as the total profit was $25.

Related Questions