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12 August, 18:41

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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  1. 12 August, 19:29
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    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.
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