A and B invest in a business in the ratio 4:5. If A's profit is $8,000, what is B's profit?
Practice Questions
1 question
Q1
A and B invest in a business in the ratio 4:5. If A's profit is $8,000, what is B's profit?
$6,000
$10,000
$9,000
$12,000
Profit ratio = 4:5. If A's profit is $8,000, then B's profit = (5/4) * 8000 = $10,000.
Questions & Step-by-step Solutions
1 item
Q
Q: A and B invest in a business in the ratio 4:5. If A's profit is $8,000, what is B's profit?
Solution: Profit ratio = 4:5. If A's profit is $8,000, then B's profit = (5/4) * 8000 = $10,000.
Steps: 7
Step 1: Understand the profit ratio between A and B, which is 4:5.
Step 2: Identify A's profit, which is given as $8,000.
Step 3: Set up the relationship between A's and B's profits using the ratio. Since A's part is 4, and B's part is 5, we can express B's profit in terms of A's profit.
Step 4: Calculate B's profit using the formula: B's profit = (B's ratio / A's ratio) * A's profit.
Step 5: Substitute the values into the formula: B's profit = (5/4) * 8000.