16 a musician earns 15% royalties on $50,000 in music sales. how much did they earn? a) $6,500 b) $7,200 c)…

16 a musician earns 15% royalties on $50,000 in music sales. how much did they earn? a) $6,500 b) $7,200 c) $6,300 d) $7,500

16 a musician earns 15% royalties on $50,000 in music sales. how much did they earn? a) $6,500 b) $7,200 c) $6,300 d) $7,500

Answer

Answer:

D. $7,500

Explanation:

Step1: Convert percentage to decimal

$15%=0.15$

Step2: Calculate earnings

$0.15\times50000 = 7500$