If A invests $50,000 and B invests $70,000 in a partnership, and they agree to s

Practice Questions

Q1
If A invests $50,000 and B invests $70,000 in a partnership, and they agree to share profits in the ratio of their investments, what will be A's share if the total profit is $30,000?
  1. $12,000
  2. $15,000
  3. $18,000
  4. $20,000

Questions & Step-by-Step Solutions

If A invests $50,000 and B invests $70,000 in a partnership, and they agree to share profits in the ratio of their investments, what will be A's share if the total profit is $30,000?
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