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N and O invest $15,000 and $25,000 respectively. If the total profit is $8,000,

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Question: N and O invest $15,000 and $25,000 respectively. If the total profit is $8,000, how much does O receive?

Options:

  1. $3,200
  2. $4,000
  3. $4,800
  4. $5,000

Correct Answer: $4,000

Solution: 

O\'s share = (25,000 / (15,000 + 25,000)) * 8,000 = (25,000 / 40,000) * 8,000 = $5,000.

N and O invest $15,000 and $25,000 respectively. If the total profit is $8,000,

Practice Questions

Q1
N and O invest $15,000 and $25,000 respectively. If the total profit is $8,000, how much does O receive?
  1. $3,200
  2. $4,000
  3. $4,800
  4. $5,000

Questions & Step-by-Step Solutions

N and O invest $15,000 and $25,000 respectively. If the total profit is $8,000, how much does O receive?
  • Profit Sharing – Understanding how to distribute profits based on investment contributions.
  • Fraction Calculation – Calculating shares using fractions based on total investments.
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