The Book Nook makes four times as much revenue on paperback books as on hardcover books. If last month’s sales totaled $124,300, how much of that money was made on paperbacks? (Points : 2)

Let h be the hardcover books.

h + 4h = 124,300

5h = 124,300

h = 24,860

4 * 24,860 = ______ paperback revenue

To find out how much money was made on paperbacks, we need to set up an equation using the given information.

Let's assume the revenue from hardcover books is x dollars.
According to the given information, the revenue from paperback books is four times the revenue from hardcover books. So, the revenue from paperbacks is 4x dollars.

The total revenue is the sum of the revenue from hardcover and paperback books, which is $124,300.

Therefore, we can set up the equation:
x + 4x = 124,300

Combining like terms:
5x = 124,300

To solve for x, divide both sides by 5:
x = 124,300 / 5
x = 24,860

So, the revenue from hardcover books is $24,860.

To find the revenue from paperbacks, multiply the revenue from hardcover books by 4:
revenue from paperbacks = 4 * 24,860
revenue from paperbacks = $99,440

Therefore, $99,440 of the total $124,300 was made on paperbacks.