Subjects algebra

Profit Share E6B129

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1. **State the problem:** You receive 15% of the profit from a car wash. The total profit is 300. We need to find how much money you receive. 2. **Formula:** To find the amount you receive, multiply the total profit by the percentage you receive. $$\text{Amount received} = \text{Total profit} \times \text{Percentage}$$ 3. **Convert percentage to decimal:** 15% = \frac{15}{100} = 0.15 4. **Calculate the amount:** $$\text{Amount received} = 300 \times 0.15$$ 5. **Multiply:** $$300 \times 0.15 = 45$$ 6. **Answer:** You receive 45 from the profit.