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V and W invest in a business in the ratio 7:3. If the total profit is $7000, how

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Question: V and W invest in a business in the ratio 7:3. If the total profit is $7000, how much does W receive?

Options:

  1. $3000
  2. $2000
  3. $1500
  4. $2500

Correct Answer: $3000

Solution: 

Total parts = 7 + 3 = 10. W\'s share = (3/10) * 7000 = $2100.

V and W invest in a business in the ratio 7:3. If the total profit is $7000, how

Practice Questions

Q1
V and W invest in a business in the ratio 7:3. If the total profit is $7000, how much does W receive?
  1. $3000
  2. $2000
  3. $1500
  4. $2500

Questions & Step-by-Step Solutions

V and W invest in a business in the ratio 7:3. If the total profit is $7000, how much does W receive?
No concepts available.
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