Question

professional baseball player rusty raspberry earns $1,715,000 a year playing baseball. last year, an autobiography that he had written sold 300,000 copies at a price of $24 each. raspberry received 10% in royalties on the book sales. what was his total salary last year from the book and his baseball career?

Explanation:

Step1: Calculate total book sales

$\text{Total book sales} = 300000 \times 24 = 7200000$

Step2: Calculate book royalties

$\text{Royalties} = 7200000 \times 0.10 = 720000$

Step3: Calculate total annual income

$\text{Total income} = 1715000 + 720000 = 2435000$

Answer:

$\$2,435,000$