Clay Potts owns a ceramic store. His brother Jack works for him. Jack earns wages of 50 dollars per day plus 10% of the profits. Clay gets the other 90% of the profits. On Monday the store makes a profit of 30 dollars. How much does Clay get?
clay=30*.9
thats wrong
To calculate how much Clay gets from the profits, we first need to figure out the total profit.
Given that the store made a profit of $30 and Jack earns 10% of the profits, we can calculate Jack's earnings.
Jack's earnings from the profits would be 10% of $30, which can be calculated as:
(10/100) * $30 = $3.
Since Jack also earns a fixed wage of $50 per day, we can add this to his earnings from the profits to find his total earnings on Monday.
$50 + $3 = $53.
Now that we know Jack's earnings, we can find Clay's share of the profits. Clay gets the remaining 90% of the profits.
To calculate Clay's share of the profits, we subtract Jack's earnings from the total profit:
$30 - $3 = $27.
Therefore, Clay gets $27 from the profits on Monday.