A and B invest in a business with A investing $3000 and B investing $7000. If th

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Question: A and B invest in a business with A investing $3000 and B investing $7000. If the profit is divided in the ratio of their investments, what is A\'s share if the total profit is $5000?

Options:

$1500
$2000
$1000
$2500

Correct Answer: $1500

Solution:

Total investment = 3000 + 7000 = $10000. A\'s share = (3000/10000) * 5000 = $1500.

A and B invest in a business with A investing $3000 and B investing $7000. If th

Practice Questions

A and B invest in a business with A investing $3000 and B investing $7000. If the profit is divided in the ratio of their investments, what is A's share if the total profit is $5000?

$1500
$2000
$1000
$2500

Questions & Step-by-Step Solutions

A and B invest in a business with A investing $3000 and B investing $7000. If the profit is divided in the ratio of their investments, what is A's share if the total profit is $5000?

Correct Answer: $1500

Step 1: Identify the amount A invested, which is $3000.
Step 2: Identify the amount B invested, which is $7000.
Step 3: Calculate the total investment by adding A's and B's investments: 3000 + 7000 = 10000.
Step 4: Find the ratio of A's investment to the total investment: 3000 / 10000.
Step 5: Calculate A's share of the profit by multiplying the ratio by the total profit: (3000 / 10000) * 5000.
Step 6: Simplify the calculation: (0.3) * 5000 = 1500.
Step 7: Conclude that A's share of the profit is $1500.

Ratio and Proportion – Understanding how to divide profits based on the ratio of investments.
Basic Arithmetic – Performing addition and multiplication to calculate shares.

A and B invest in a business with A investing $3000 and B investing $7000. If th

What’s inside this PDF?

A and B invest in a business with A investing $3000 and B investing $7000. If th

Practice Questions

Questions & Step-by-Step Solutions

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