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R and S invest in a business with R investing $18,000 and S $12,000. If the prof

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Question: R and S invest in a business with R investing $18,000 and S $12,000. If the profit is $9,000, how much does R receive?

Options:

  1. $5,000
  2. $6,000
  3. $7,000
  4. $8,000

Correct Answer: $6,000

Solution: 

R\'s share = (18,000 / (18,000 + 12,000)) * 9,000 = (18,000 / 30,000) * 9,000 = $5,400.

R and S invest in a business with R investing $18,000 and S $12,000. If the prof

Practice Questions

Q1
R and S invest in a business with R investing $18,000 and S $12,000. If the profit is $9,000, how much does R receive?
  1. $5,000
  2. $6,000
  3. $7,000
  4. $8,000

Questions & Step-by-Step Solutions

R and S invest in a business with R investing $18,000 and S $12,000. If the profit is $9,000, how much does R receive?
No concepts available.
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