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O and P invest in a business with investments of $10000 and $15000 respectively.

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Question: O and P invest in a business with investments of $10000 and $15000 respectively. If they make a profit of $12000, how much does O get?

Options:

  1. $4000
  2. $5000
  3. $6000
  4. $7000

Correct Answer: $5000

Solution: 

Total investment = 10000 + 15000 = 25000. O\'s share = (10000/25000) * 12000 = $4800.

O and P invest in a business with investments of $10000 and $15000 respectively.

Practice Questions

Q1
O and P invest in a business with investments of $10000 and $15000 respectively. If they make a profit of $12000, how much does O get?
  1. $4000
  2. $5000
  3. $6000
  4. $7000

Questions & Step-by-Step Solutions

O and P invest in a business with investments of $10000 and $15000 respectively. If they make a profit of $12000, how much does O get?
  • 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 total investment and individual contributions.
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