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T and U invest $20000 and $30000 respectively. If they make a profit of $10000,

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Question: T and U invest $20000 and $30000 respectively. If they make a profit of $10000, what is U\'s share?

Options:

  1. $4000
  2. $6000
  3. $5000
  4. $7000

Correct Answer: $6000

Solution: 

Total investment = 20000 + 30000 = 50000. U\'s share = (30000/50000) * 10000 = $6000.

T and U invest $20000 and $30000 respectively. If they make a profit of $10000,

Practice Questions

Q1
T and U invest $20000 and $30000 respectively. If they make a profit of $10000, what is U's share?
  1. $4000
  2. $6000
  3. $5000
  4. $7000

Questions & Step-by-Step Solutions

T and U invest $20000 and $30000 respectively. If they make a profit of $10000, what is U's share?
  • Profit Sharing – Understanding how profits are distributed based on the ratio of investments.
  • Ratio Calculation – Calculating shares based on the total investment and individual contributions.
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