If C invests $20,000 and D invests $30,000 in a partnership, and they agree to s

Practice Questions

Q1
If C invests $20,000 and D invests $30,000 in a partnership, and they agree to share profits in the ratio of their investments, what will be D's share if the total profit is $50,000?
  1. $20,000
  2. $30,000
  3. $25,000
  4. $15,000

Questions & Step-by-Step Solutions

If C invests $20,000 and D invests $30,000 in a partnership, and they agree to share profits in the ratio of their investments, what will be D's share if the total profit is $50,000?
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