If A, B, and C invest in a business in the ratio 4:5:6 and the total profit is $

Practice Questions

Q1
If A, B, and C invest in a business in the ratio 4:5:6 and the total profit is $1500, how much does C receive?
  1. $600
  2. $500
  3. $400
  4. $700

Questions & Step-by-Step Solutions

If A, B, and C invest in a business in the ratio 4:5:6 and the total profit is $1500, how much does C receive?
Correct Answer: $600
  • Step 1: Identify the ratio of investments by A, B, and C, which is 4:5:6.
  • Step 2: Add the parts of the ratio together: 4 + 5 + 6 = 15.
  • Step 3: Determine C's part of the ratio, which is 6.
  • Step 4: Calculate C's share of the total profit using the formula: (C's part / total parts) * total profit.
  • Step 5: Substitute the values into the formula: (6 / 15) * 1500.
  • Step 6: Simplify the fraction: 6 / 15 = 0.4.
  • Step 7: Multiply 0.4 by 1500 to find C's share: 0.4 * 1500 = 600.
  • Step 8: Conclude that C receives $600.
  • Ratio and Proportion – Understanding how to divide profits based on given ratios.
  • Basic Arithmetic – Performing addition and multiplication to calculate shares.
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