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If I and J invest in a business in the ratio 5:7 and the total profit is $48,000

Practice Questions

Q1
If I and J invest in a business in the ratio 5:7 and the total profit is $48,000, how much does I receive?
  1. $20,000
  2. $25,000
  3. $30,000
  4. $35,000

Questions & Step-by-Step Solutions

If I and J invest in a business in the ratio 5:7 and the total profit is $48,000, how much does I receive?
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