A novelist pays her agent 15% of the royalties she receives from her novels. She pays her publicist 5% of the royalties, plus a yearly fee. Did the novelist pay more to her agent last year than she paid to her publicist?

Question

Jovani Ortega

Business

17 September, 19:44

A novelist pays her agent 15% of the royalties she receives from her novels. She pays her publicist 5% of the royalties, plus a yearly fee. Did the novelist pay more to her agent last year than she paid to her publicist?

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Answers (1)

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Desiree Vaughn · Answer 1

E) statements 1 and 2 together are not sufficient

Explanation:

We have to prove that agent's royalties were higher than the publicist's royalties plus a yearly fee.

R will be the royalties Y will be yearly fees = 2,000

0.15R > 0.5R + Y

0.10R > 2,000

there is not sufficient information since we know that the author earned $3,500 in royalties per book, but we do not know the total amount of books.

R > 20,000 How can we determine this?

If the number of novels is higher than 6, then R will be higher, but 5 or less novels would make this equation false. More information is needed.