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A and B start a business with investments of $12,000 and $18,000 respectively. I
A and B start a business with investments of $12,000 and $18,000 respectively. If they make a profit of $9,000, how much profit does A get?
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Practice Questions
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Q1
A and B start a business with investments of $12,000 and $18,000 respectively. If they make a profit of $9,000, how much profit does A get?
$3,600
$4,000
$4,500
$5,400
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Investment ratio = 12000:18000 = 2:3. A's share of profit = (2/5) * 9000 = $3,600.
Questions & Step-by-step Solutions
1 item
Q
Q: A and B start a business with investments of $12,000 and $18,000 respectively. If they make a profit of $9,000, how much profit does A get?
Solution:
Investment ratio = 12000:18000 = 2:3. A's share of profit = (2/5) * 9000 = $3,600.
Steps: 6
Show Steps
Step 1: Identify the investments of A and B. A invests $12,000 and B invests $18,000.
Step 2: Find the total investment by adding A's and B's investments together. Total investment = $12,000 + $18,000 = $30,000.
Step 3: Determine the ratio of A's investment to the total investment. A's investment ratio = $12,000 / $30,000 = 2/5.
Step 4: Calculate the total profit made by the business, which is $9,000.
Step 5: Find A's share of the profit using the ratio. A's share of profit = (2/5) * $9,000.
Step 6: Calculate A's share of the profit. A's share = $3,600.
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