An artist receives 20% royalty on the retail price of his recordings. If he receives $36,000 in royalties, what is the dollar amount of the retail price of his recordings?

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Sumeet Pareek · Answer 1 · 2020-03-13T08:42:23+0000

Answer:

$180,000

Explanation:

Because the artist gets 20% of the retail price, and 20% is equal to 1/5, the artist gets 1/5 of the retail price. So you do 36,000 times 5 to get the whole, original price.

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An artist receives 20% royalty on the retail price of his recordings. If he receives $36,000 in royalties, what is the dollar amount of the retail price of his recordings?

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