In a partnership, G invests $25,000 and H invests $35,000. If the total profit i

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Question: In a partnership, G invests $25,000 and H invests $35,000. If the total profit is $60,000, how much does H receive?

Options:

Correct Answer: $30,000

Solution:

Total parts = 25000 + 35000 = 60000. H\'s share = (35000 / 60000) * 60000 = $35,000.

In a partnership, G invests $25,000 and H invests $35,000. If the total profit is $60,000, how much does H receive?

In a partnership, G invests $25,000 and H invests $35,000. If the total profit is $60,000, how much does H receive?

Step 1: Identify the amounts invested by G and H. G invests $25,000 and H invests $35,000.
Step 2: Calculate the total investment by adding G's and H's investments together: 25000 + 35000 = 60000.
Step 3: Determine H's share of the total profit based on the amount he invested. H's share is calculated as (H's investment / total investment) * total profit.
Step 4: Substitute the values into the formula: (35000 / 60000) * 60000.
Step 5: Simplify the calculation: (35000 / 60000) equals 0.5833 (approximately).
Step 6: Multiply 0.5833 by the total profit of $60,000 to find H's share: 0.5833 * 60000 = $35,000.
Step 7: Conclude that H receives $35,000 from the total profit.

Profit Sharing in Partnerships – Understanding how profits are distributed based on the amount invested by each partner.
Proportional Distribution – Calculating each partner's share of the profit based on their investment relative to the total investment.