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If the ratio of investment between two partners is 3:2 and the total profit is $

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Question: If the ratio of investment between two partners is 3:2 and the total profit is $1,000, how much does the partner with the larger investment receive?

Options:

  1. $400
  2. $600
  3. $700
  4. $800

Correct Answer: $600

Solution:

Total parts = 3 + 2 = 5. Larger partner\'s share = (3/5) * 1000 = $600

If the ratio of investment between two partners is 3:2 and the total profit is $

Practice Questions

Q1
If the ratio of investment between two partners is 3:2 and the total profit is $1,000, how much does the partner with the larger investment receive?
  1. $400
  2. $600
  3. $700
  4. $800

Questions & Step-by-Step Solutions

If the ratio of investment between two partners is 3:2 and the total profit is $1,000, how much does the partner with the larger investment receive?
  • Ratio and Proportion – Understanding how to divide a total based on given ratios.
  • Profit Sharing – Calculating individual shares of profit based on investment ratios.
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