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A, B, and C invest in a business in the ratio 2:3:5. If the total profit is $10,
A, B, and C invest in a business in the ratio 2:3:5. If the total profit is $10,000, how much does C receive?
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Practice Questions
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Q1
A, B, and C invest in a business in the ratio 2:3:5. If the total profit is $10,000, how much does C receive?
$4,000
$5,000
$6,000
$7,000
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Total parts = 2 + 3 + 5 = 10. C's share = (5/10) * 10000 = $5,000.
Questions & Step-by-step Solutions
1 item
Q
Q: A, B, and C invest in a business in the ratio 2:3:5. If the total profit is $10,000, how much does C receive?
Solution:
Total parts = 2 + 3 + 5 = 10. C's share = (5/10) * 10000 = $5,000.
Steps: 7
Show Steps
Step 1: Identify the investment ratio of A, B, and C, which is 2:3:5.
Step 2: Add the parts of the ratio together: 2 + 3 + 5 = 10.
Step 3: Determine C's part of the ratio, which is 5.
Step 4: Calculate C's share of the total profit by using the formula: (C's part / Total parts) * Total profit.
Step 5: Substitute the values into the formula: (5 / 10) * 10000.
Step 6: Simplify the calculation: 0.5 * 10000 = 5000.
Step 7: Conclude that C receives $5,000.
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