C and D start a business with investments of $8000 and $12000 respectively. If t

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Question: C and D start a business with investments of $8000 and $12000 respectively. If they make a profit of $6000, how much does C get?

Options:

Correct Answer: $3000

Solution:

Total investment = 8000 + 12000 = 20000. C\'s share = (8000/20000) * 6000 = $2400.

C and D start a business with investments of $8000 and $12000 respectively. If they make a profit of $6000, how much does C get?

C and D start a business with investments of $8000 and $12000 respectively. If they make a profit of $6000, how much does C get?

Step 1: Identify the investments of C and D. C invested $8000 and D invested $12000.
Step 2: Calculate the total investment by adding C's and D's investments: 8000 + 12000 = 20000.
Step 3: Determine C's share of the total investment by dividing C's investment by the total investment: 8000 / 20000.
Step 4: Calculate C's share of the profit by multiplying C's share of the investment by the total profit: (8000 / 20000) * 6000.
Step 5: Simplify the calculation: (0.4) * 6000 = 2400.
Step 6: Conclude that C gets $2400 from the profit.

Profit Sharing – Understanding how profits are distributed based on the ratio of investments made by each partner.
Ratios and Proportions – Calculating shares based on the proportion of individual investments to total investments.