Question

The drama club at school sells $15.00

Answer 1

The profit on each book is $ 5.25

Solution:

Given that, the drama club at school sells $ 15.00  coupon books

Their profit is 35% of the  total sales

Therefore,

Cost of a coupon book = $ 15

Profit = 35% of the  total sales

We have to find the profit on each book

If a book is sold for $ 15 and then profit will be 35 % of 15

Let us find 35 % of 15

$Profit\ on\ each\ book = 35 \% \times 15\\\\Profit\ on\ each\ book = \frac{35}{100} \times 15\\\\Profit\ on\ each\ book = 0.35 \times 15\\\\Profit\ on\ each\ book = 5.25$

Thus profit on each book is $ 5.25