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). this equal 3 dollars per book. 2,000 copies of the book were sold, so you would multiply 2000 by 3. 2000 x 3 = 6000