C and D invest in a partnership with C investing $12000 and D investing $18000.

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What’s inside this PDF?

Question: C and D invest in a partnership with C investing $12000 and D investing $18000. If they make a profit of $3000, how much does D receive?

Options:

$1500
$2000
$2500
$3000

Correct Answer: $2000

Solution:

Total investment = 12000 + 18000 = $30000. D\'s share = (18000/30000) * 3000 = $1800.

C and D invest in a partnership with C investing $12000 and D investing $18000.

Practice Questions

C and D invest in a partnership with C investing $12000 and D investing $18000. If they make a profit of $3000, how much does D receive?

$1500
$2000
$2500
$3000

Questions & Step-by-Step Solutions

C and D invest in a partnership with C investing $12000 and D investing $18000. If they make a profit of $3000, how much does D receive?

Step 1: Identify the amount C invested, which is $12000.
Step 2: Identify the amount D invested, which is $18000.
Step 3: Calculate the total investment by adding C's and D's investments: $12000 + $18000 = $30000.
Step 4: Determine D's share of the total investment by dividing D's investment by the total investment: $18000 / $30000.
Step 5: Calculate D's share of the profit by multiplying D's share of the investment by the total profit: (18000 / 30000) * $3000.
Step 6: Simplify the calculation: (0.6) * $3000 = $1800.
Step 7: Conclude that D receives $1800 from the profit.

Partnership Profit Sharing – Understanding how profits are distributed in a partnership based on the ratio of investments.
Proportional Distribution – Calculating shares of profit based on the proportion of individual investments relative to total investment.

C and D invest in a partnership with C investing $12000 and D investing $18000.

What’s inside this PDF?

C and D invest in a partnership with C investing $12000 and D investing $18000.

Practice Questions

Questions & Step-by-Step Solutions

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