A, B, and C invest in a business with A investing $5,000, B $10,000, and C $15,0

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Question: A, B, and C invest in a business with A investing $5,000, B $10,000, and C $15,000. If the total profit is $60,000, what is A\'s share?

Options:

Correct Answer: $5,000

Solution:

A\'s share = (A\'s investment / Total investment) * Total profit = (5000 / 30000) * 60000 = $10,000.

A, B, and C invest in a business with A investing $5,000, B $10,000, and C $15,000. If the total profit is $60,000, what is A's share?

A, B, and C invest in a business with A investing $5,000, B $10,000, and C $15,000. If the total profit is $60,000, what is A's share?

Step 1: Identify the investments of A, B, and C. A invested $5,000, B invested $10,000, and C invested $15,000.
Step 2: Calculate the total investment by adding A's, B's, and C's investments together: $5,000 + $10,000 + $15,000 = $30,000.
Step 3: Determine A's share of the total profit. The total profit is $60,000.
Step 4: Calculate A's share using the formula: (A's investment / Total investment) * Total profit.
Step 5: Plug in the numbers: (5000 / 30000) * 60000.
Step 6: Simplify the fraction: 5000 / 30000 = 1/6.
Step 7: Multiply 1/6 by $60,000 to find A's share: (1/6) * 60000 = $10,000.

Profit Sharing – Understanding how profits are distributed based on individual investments.
Proportional Calculation – Calculating shares based on the ratio of individual contributions to total contributions.