#amazon royalties

In what world should my royalties be 60% of the list price, only to then subtract the cost of print?

If my book costs 5 dollars to print, and I list my book for 10 dollars, that means that I get 60% of 10, which is 6 dollars, and then you subtract the cost of the book, 5 dollars, so my royalty for a purchased paperback of my book is 1 dollar.

I should get 60% of 5 dollars, which would be 3 dollars. The cost of printing should come out before percentages are thrown into the mix.

Because I get 1 dollar, and amazon, who is supposed to be getting the other 40% of my 60%, is getting 4 dollars.

Which is 400% more than I am getting for the book that I wrote.

Kindle Unlimited Royalties Changes – What Authors Need to Know Amazon’s announcement that it is changing the way it pays authors whose books are part of the Kindle Unlimited program is causing controversy in self-publishing circles. Starting on July 1st, books that were downloaded but not read beyond 10% of total pages will not be eligible to receive royalties. Essentially, Amazon will pay…