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C and D invest in a partnership with C investing $12000 and D investing $18000.

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Question: C and D invest in a partnership with C investing $12000 and D investing $18000. If the total profit is $3000, what is D\'s share of the profit?

Options:

  1. $1200
  2. $1800
  3. $2000
  4. $1500

Correct Answer: $1800

Solution: 

Total investment = 12000 + 18000 = $30000. D\'s share = (18000/30000) * 3000 = $1800.

C and D invest in a partnership with C investing $12000 and D investing $18000.

Practice Questions

Q1
C and D invest in a partnership with C investing $12000 and D investing $18000. If the total profit is $3000, what is D's share of the profit?
  1. $1200
  2. $1800
  3. $2000
  4. $1500

Questions & Step-by-Step Solutions

C and D invest in a partnership with C investing $12000 and D investing $18000. If the total profit is $3000, what is D's share of the profit?
  • Step 1: Identify the amount C invested, which is $12000.
  • Step 2: Identify the amount D invested, which is $18000.
  • Step 3: Calculate the total investment by adding C's and D's investments: 12000 + 18000 = 30000.
  • Step 4: Determine D's share of the total investment by dividing D's investment by the total investment: 18000 / 30000.
  • Step 5: Calculate D's share of the profit by multiplying D's share of the investment by the total profit: (18000 / 30000) * 3000.
  • Step 6: Simplify the calculation: (0.6) * 3000 = 1800.
  • Step 7: Conclude that D's share of the profit is $1800.
  • Partnership Profit Sharing – Understanding how profits are distributed in a partnership based on the ratio of individual investments.
  • Proportional Distribution – Calculating shares based on the proportion of total investment.
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