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By what amount will his earnings be increased

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Reference no: EM131567641

Question: Mike asks Billy to help him run his lemonade stand. He'll either pay him 2/5of 1/2of the stand's profits, or 1/3 of3/4of the stand's profits. Which should Billy choose to maximize the amount he will earn, and by what amount will his earnings be increased?

Reference no: EM131567641

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