H and I invest in a business with H investing $6000 and I investing $9000. If th

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Question: H and I invest in a business with H investing $6000 and I investing $9000. If the profit is $4500, how much does H receive?

Options:

Correct Answer: $2500

Solution:

Total investment = 6000 + 9000 = 15000. H\'s share = (6000/15000) * 4500 = $1800.

H and I invest in a business with H investing $6000 and I investing $9000. If the profit is $4500, how much does H receive?

H and I invest in a business with H investing $6000 and I investing $9000. If the profit is $4500, how much does H receive?

Step 1: Identify how much H invested. H invested $6000.
Step 2: Identify how much I invested. I invested $9000.
Step 3: Calculate the total investment by adding H's and I's investments: 6000 + 9000 = 15000.
Step 4: Determine H's share of the total investment by dividing H's investment by the total investment: 6000 / 15000.
Step 5: Calculate H's share of the profit by multiplying H's share of the investment by the total profit: (6000 / 15000) * 4500.
Step 6: Perform the calculation: (6000 / 15000) = 0.4, then 0.4 * 4500 = 1800.
Step 7: Conclude that H receives $1800 from the profit.

Profit Sharing – Understanding how profits are distributed based on the proportion of investment.
Ratios – Calculating shares based on the ratio of individual investments to total investment.