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Rock singer and writer Beep Blair is paid 11. 5% on her CD sales and music downloads. Last year, she sold 1. 22 million CDs and 2. 1 million music downloads. The CDs were sold to music stores for $5 each, and the music downloads were $1 each. A. What was the total amount of CD sales? B. What was the total amount of downloads? C. How much did Beep Blair receive in royalties last year?

1 Answer

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Answer:

A. $6,100,000

B. $2,100,000

C. $943,000

Explanation:

A. CD Sales:

CDs: 1.22 million × $5 = $6,100,000

B. downloads

Downloads: 2.1 million × $1 = $2,100,000

C.

11.5% of ($6,100,000 + $2,100,000) =

= 0.115 × $8,200,000

= $943,000

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