Question

Mike asks Billy to help him run his lemonade stand. He’ll either pay him 2/5 of ½ of the stand’s profits, or 1/3 of ¾ of the stand’s profits. Which should Billy choose to maximize the amount he will earn, and by what amount will his earnings be increased?

Answer 1

2/5 * 1/2 = 1/5
1/3 * 3/4 = 1/4

1/4 is 25% more than 1/5

Answer 2

1/2