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O and P invest in a business in the ratio 5:3. If the total profit is $16000, ho

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Question: O and P invest in a business in the ratio 5:3. If the total profit is $16000, how much does P receive?

Options:

  1. $6000
  2. $8000
  3. $5000
  4. $7000

Correct Answer: $6000

Solution:

Total parts = 5 + 3 = 8. P\'s share = (3/8) * 16000 = $6000.

O and P invest in a business in the ratio 5:3. If the total profit is $16000, ho

Practice Questions

Q1
O and P invest in a business in the ratio 5:3. If the total profit is $16000, how much does P receive?
  1. $6000
  2. $8000
  3. $5000
  4. $7000

Questions & Step-by-Step Solutions

O and P invest in a business in the ratio 5:3. If the total profit is $16000, how much does P receive?
  • Ratio and Proportion – Understanding how to divide profits based on the ratio of investment.
  • Basic Arithmetic – Performing multiplication and division to calculate shares.
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