An athlete earns $350,000 each year. If his team makes the play-offs, he will earn a 15% bonus. What will be his total earnings for a year if his team
makes the play-offs?
I'll be glad to check your answer.
26
402,500
To find the athlete's total earnings for a year if his team makes the play-offs, we need to calculate the bonus and add it to his base salary.
Step 1: Calculate the bonus amount
The athlete will earn a 15% bonus if his team makes the play-offs. To calculate the bonus amount, we multiply the base salary by the bonus percentage:
Bonus = Base salary × Bonus percentage
In this case:
Bonus = $350,000 × 0.15
Step 2: Add the bonus to the base salary
To find the athlete's total earnings, we add the bonus amount to his base salary:
Total earnings = Base salary + Bonus
In this case:
Total earnings = $350,000 + Bonus
Now, let's calculate the bonus and total earnings:
Bonus = $350,000 × 0.15 = $52,500
Total earnings = $350,000 + $52,500 = $402,500
Therefore, if the athlete's team makes the play-offs, his total earnings for the year will be $402,500.