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Q and R invest in a business with Q investing $12000 and R $18000. If the profit

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Question: Q and R invest in a business with Q investing $12000 and R $18000. If the profit is $15000, what is R\'s share?

Options:

  1. $6000
  2. $9000
  3. $7500
  4. $12000

Correct Answer: $9000

Solution:

Total investment = 12000 + 18000 = 30000. R\'s share = (18000/30000) * 15000 = $9000.

Q and R invest in a business with Q investing $12000 and R $18000. If the profit

Practice Questions

Q1
Q and R invest in a business with Q investing $12000 and R $18000. If the profit is $15000, what is R's share?
  1. $6000
  2. $9000
  3. $7500
  4. $12000

Questions & Step-by-Step Solutions

Q and R invest in a business with Q investing $12000 and R $18000. If the profit is $15000, what is R's share?
  • Profit Sharing – Understanding how profits are distributed based on the ratio of investments made by each partner.
  • Ratios and Proportions – Applying ratios to determine individual shares from a total based on contributions.
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