In a partnership, A invests $5000 and B invests $7000. If the profit is divided

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Question: In a partnership, A invests $5000 and B invests $7000. If the profit is divided in the ratio of their investments, how much profit does B get from a total profit of $2800?

Options:

$1200
$1400
$1600
$1000

Correct Answer: $1400

Solution:

Total investment = 5000 + 7000 = $12000. B\'s share = (7000/12000) * 2800 = $1400.

In a partnership, A invests $5000 and B invests $7000. If the profit is divided

Practice Questions

In a partnership, A invests $5000 and B invests $7000. If the profit is divided in the ratio of their investments, how much profit does B get from a total profit of $2800?

$1200
$1400
$1600
$1000

Questions & Step-by-Step Solutions

In a partnership, A invests $5000 and B invests $7000. If the profit is divided in the ratio of their investments, how much profit does B get from a total profit of $2800?

Step 1: Identify the amount A invested, which is $5000.
Step 2: Identify the amount B invested, which is $7000.
Step 3: Calculate the total investment by adding A's and B's investments: $5000 + $7000 = $12000.
Step 4: Determine B's share of the total investment by dividing B's investment by the total investment: 7000 / 12000.
Step 5: Calculate B's share of the profit by multiplying B's share of the investment by the total profit: (7000 / 12000) * 2800.
Step 6: Perform the calculation: (7000 / 12000) * 2800 = $1400.
Step 7: Conclude that B gets $1400 from the total profit of $2800.

Ratio and Proportion – Understanding how to divide profits based on the ratio of investments.
Basic Arithmetic – Performing addition and multiplication to calculate shares.

In a partnership, A invests $5000 and B invests $7000. If the profit is divided

What’s inside this PDF?

In a partnership, A invests $5000 and B invests $7000. If the profit is divided

Practice Questions

Questions & Step-by-Step Solutions

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