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C and D start a business with investments of $6000 and $4000 respectively. If th

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Question: C and D start a business with investments of $6000 and $4000 respectively. If they make a profit of $1000, how much does C get?

Options:

  1. $600
  2. $400
  3. $700
  4. $800

Correct Answer: $800

Solution:

Total investment = 6000 + 4000 = 10000. C\'s share = (6000/10000) * 1000 = $600.

C and D start a business with investments of $6000 and $4000 respectively. If th

Practice Questions

Q1
C and D start a business with investments of $6000 and $4000 respectively. If they make a profit of $1000, how much does C get?
  1. $600
  2. $400
  3. $700
  4. $800

Questions & Step-by-Step Solutions

C and D start a business with investments of $6000 and $4000 respectively. If they make a profit of $1000, how much does C get?
  • Step 1: Identify the investments of C and D. C invested $6000 and D invested $4000.
  • Step 2: Calculate the total investment by adding C's and D's investments together: 6000 + 4000 = 10000.
  • Step 3: Determine C's share of the total investment by dividing C's investment by the total investment: 6000 / 10000.
  • Step 4: Calculate C's share of the profit by multiplying C's share of the investment by the total profit: (6000 / 10000) * 1000.
  • Step 5: Simplify the calculation: (0.6) * 1000 = 600.
  • Step 6: Conclude that C gets $600 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 total investment and individual contributions.
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