Question

Rock musician Donny West is paid 15% on his CD sales and tour video sales. Last year, he sold one million CDs and 550,000 videos. The CDs were sold to music stores for $5 each and the videos for $6 each.
A. What was the total amount of CDs sales?
B. What was the total amount of video sales?
C. How much did Donny West receive in royalties last year?

Answer 1

He had $5,000,000 in CD sales; $3,300,000 in video sales; and he earned $1,245,000 in royalties.

1,000,000 CDs * $5 each = $5,000,000
550,000 videos * $6 each = $3,300,000

Total sales = 5,000,000+3,300,000 = 8,300,000
15% royalties = 0.15(8,300,000) = 1,245,000