Question

Luke and Matthew ran a lemonade stand on Saturday. They agreed that Matthew would get 60% of the profit because the lemonade stand was his idea. They made a profit of$25.
How much money did Matthew make?

Answer 1

Profit = $25

Find Matthew's earning:

Matthew's earning = 60% x $25

Matthew's earning = 0.6 x $25

Matthew's earning = $15

Answer: Matthew made $15 from the lemonade stand.

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Addition information:

Find Luke's earning:

Luke's earning = $25 - $15

Luke's earning = $10

Answer: Luck learns $10 from the lemonade stand.