A and B invest in a business with A investing $40,000 and B investing $60,000. If they make a profit of $30,000, how much profit does B get?

Practice Questions

1 question
Q1
A and B invest in a business with A investing $40,000 and B investing $60,000. If they make a profit of $30,000, how much profit does B get?
  1. $12,000
  2. $15,000
  3. $18,000
  4. $20,000

Questions & Step-by-step Solutions

1 item
Q
Q: A and B invest in a business with A investing $40,000 and B investing $60,000. If they make a profit of $30,000, how much profit does B get?
Solution: Total investment = $40,000 + $60,000 = $100,000. B's share = 60000/100000 * 30000 = $18,000.
Steps: 8

Related Questions

Soulshift Feedback ×

On a scale of 0–10, how likely are you to recommend The Soulshift Academy?

Not likely Very likely