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C and D start a business with investments of $8000 and $12000 respectively. If t

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Question: C and D start a business with investments of $8000 and $12000 respectively. If they make a profit of $6000, what is D\'s share?

Options:

  1. $2400
  2. $3600
  3. $4000
  4. $3000

Correct Answer: $3600

Solution:

Total investment = 8000 + 12000 = 20000. D\'s share = (12000/20000) * 6000 = $3600.

C and D start a business with investments of $8000 and $12000 respectively. If t

Practice Questions

Q1
C and D start a business with investments of $8000 and $12000 respectively. If they make a profit of $6000, what is D's share?
  1. $2400
  2. $3600
  3. $4000
  4. $3000

Questions & Step-by-Step Solutions

C and D start a business with investments of $8000 and $12000 respectively. If they make a profit of $6000, what is D's share?
  • Step 1: Identify the investments of C and D. C invests $8000 and D invests $12000.
  • Step 2: Calculate the total investment by adding C's and D's investments: 8000 + 12000 = 20000.
  • Step 3: Determine D's share of the total investment by dividing D's investment by the total investment: 12000 / 20000.
  • Step 4: Calculate D's share of the profit by multiplying D's share of the investment by the total profit: (12000 / 20000) * 6000.
  • Step 5: Simplify the calculation: (0.6) * 6000 = 3600.
  • Step 6: Conclude that D's share of the profit is $3600.
  • Profit Sharing – Understanding how profits are distributed based on the ratio of investments made by partners.
  • Ratios and Proportions – Applying ratios to calculate individual shares from a total profit based on their respective contributions.
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