If A invests $40,000 and B invests $60,000 in a business, and they share the profit in the ratio of their investments, what will be A's share if the total profit is $30,000?

Practice Questions

1 question
Q1
If A invests $40,000 and B invests $60,000 in a business, and they share the profit in the ratio of their investments, what will be A's share if the total profit is $30,000?
  1. $10,000
  2. $12,000
  3. $15,000
  4. $18,000

Questions & Step-by-step Solutions

1 item
Q
Q: If A invests $40,000 and B invests $60,000 in a business, and they share the profit in the ratio of their investments, what will be A's share if the total profit is $30,000?
Solution: Total investment = 40000 + 60000 = 100000. A's share = 40000/100000 * 30000 = $12,000.
Steps: 6

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