A and B invest in a business in the ratio 5:7. If the total profit is $24,000, how much profit does B receive?

Practice Questions

1 question
Q1
A and B invest in a business in the ratio 5:7. If the total profit is $24,000, how much profit does B receive?
  1. $10,000
  2. $12,000
  3. $14,000
  4. $16,000

Questions & Step-by-step Solutions

1 item
Q
Q: A and B invest in a business in the ratio 5:7. If the total profit is $24,000, how much profit does B receive?
Solution: Total parts = 5 + 7 = 12. B's share = (7/12) * 24000 = $14,000.
Steps: 7

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