An author is having a book signing at a store. She agrees to give 30% of the profit to literacy programs and 25% of the profit to her manager. If the profit is $750.00, how much profit does she take home?
30% + 25% = 55%
100 % - 55% = 45% = 45 / 100 = 0.45
0.45 • $750.00 = $337.50
i need help please
To calculate how much profit the author takes home, we need to deduct the amounts given to literacy programs and the manager from the total profit of $750.00.
Step 1: Calculate the amount given to literacy programs
The author agrees to give 30% of the profit to literacy programs.
Amount given to literacy programs = 30% of $750.00
Amount given to literacy programs = (30/100) * $750.00
Amount given to literacy programs = $225.00
Step 2: Calculate the amount given to the manager
The author agrees to give 25% of the profit to her manager.
Amount given to the manager = 25% of $750.00
Amount given to the manager = (25/100) * $750.00
Amount given to the manager = $187.50
Step 3: Calculate the profit the author takes home
Profit taken home by the author = Total profit - Amount given to literacy programs - Amount given to the manager
Profit taken home by the author = $750.00 - $225.00 - $187.50
Profit taken home by the author = $337.50
Therefore, the author takes home $337.50 in profit.
To calculate the author's profit, we need to subtract the amount dedicated to literacy programs and the amount dedicated to her manager from the total profit.
First, let's calculate the amount dedicated to literacy programs. We know that the author will give away 30% of the profit. To find this amount, we multiply the profit by 30% (or 0.30):
Amount for literacy programs = $750.00 × 0.30 = $225.00
Next, let's calculate the amount dedicated to her manager. We know that the author will give away 25% of the profit. To find this amount, we multiply the profit by 25% (or 0.25):
Amount for manager = $750.00 × 0.25 = $187.50
Now, we can calculate the author's profit by subtracting the amount for literacy programs and the amount for her manager from the total profit:
Author's profit = Total profit - Amount for literacy programs - Amount for manager
= $750.00 - $225.00 - $187.50
= $337.50
Therefore, the author takes home a profit of $337.50.