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S and T invest $5000 and $10000 respectively. If they earn a profit of $3000, ho

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Question: S and T invest $5000 and $10000 respectively. If they earn a profit of $3000, how much does S receive?

Options:

  1. $1000
  2. $1200
  3. $1500
  4. $800

Correct Answer: $1000

Solution: 

Total investment = 5000 + 10000 = 15000. S\'s share = (5000/15000) * 3000 = $1000.

S and T invest $5000 and $10000 respectively. If they earn a profit of $3000, ho

Practice Questions

Q1
S and T invest $5000 and $10000 respectively. If they earn a profit of $3000, how much does S receive?
  1. $1000
  2. $1200
  3. $1500
  4. $800

Questions & Step-by-Step Solutions

S and T invest $5000 and $10000 respectively. If they earn a profit of $3000, how much does S receive?
No concepts available.
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