Keyword Analysis & Research: royalty

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How do you calculate royalty?

Use a formula to calculate the royalties. Multiply the royalty percentage by the price of the book. Then multiply that amount by the number of books sold. For example: 6 percent royalty x $7.95 price = $0.48 x 10,000 sold = $4,800 royalties earned.

What does a royalty mean?

royalty(Noun) A royal right or prerogative, such as the exploitation of a natural resource; the granting of such a right; payment received for such a right. royalty(Noun) The payment received by an owner of real property for exploitation of mineral rights on his property.

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