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A literary agent makes $30,000 a year plus 13% commission on the sales of her clients' books to publishers. The agent sold 4 books for $175,000 each for her clients this year.

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Question

A literary agent makes $30,000 a year plus 13% commission on the sales of her clients' books to publishers. The agent sold 4 books for $175,000 each for her clients this year.

Answer:$121000

Step-by-step explanation: Here, we are interested in knowing the amount of money made by the literary agent given the amount the amount of sales he made

The total sale made is 175,000 * 4 = 700,000

13% of this will be;

13/100 * 700,000 = $91,000

Let us add this to the fixed amount made yearly

That would be $91,000 + $30,000 = $121,000

User PRIHLOP
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7 votes

Answer:

The amount made that year is $121,000

Explanation:

Here, we are interested in knowing the amount of money made by the literary agent given the amount the amount of sales he made

The total sale made is 175,000 * 4 = 700,000

13% of this will be;

13/100 * 700,000 = $91,000

Let us add this to the fixed amount made yearly

That would be $91,000 + $30,000 = $121,000

User Seldo
by
4.9k points