Joey wrote a book about his favorite Author. He receives 12% royalty based on the total sales of the book. The book sells for $25 per copy. 2,000 copies of the book were sold last year. How much did Joey receive in royalty payments?​
Multiply the cost of the book by the decimal equivalent of 12% (25 x .12). Â this equal 3 dollars per book. Â 2,000 copies of the book were sold, so you would multiply 2000 by 3. Â 2000 x 3 = 6000