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

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

Options:

  1. $3500
  2. $4900
  3. $3000
  4. $4000

Correct Answer: $4900

Solution: 

Total parts = 7 + 3 = 10. O\'s share = (7/10) * 7000 = $4900.

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

Practice Questions

Q1
O and P invest in a business in the ratio 7:3. If the total profit is $7000, how much does O receive?
  1. $3500
  2. $4900
  3. $3000
  4. $4000

Questions & Step-by-Step Solutions

O and P invest in a business in the ratio 7:3. If the total profit is $7000, how much does O receive?
  • Ratio and Proportion – Understanding how to divide profits based on a given ratio.
  • Basic Arithmetic – Performing multiplication and addition to calculate shares.
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