SOLUTION: Mr. Lynch owns (3/7) of the business and his share of the profits for the year was $60,000. Wilbur only owned (1/28) of the business. What was Wilbur's share of the profits?

Question 67416This question is from textbook Advanced mathematics
: Mr. Lynch owns (3/7) of the business and his share of the profits for the year was $60,000. Wilbur only owned (1/28) of the business. What was Wilbur's share of the profits? This question is from textbook Advanced mathematics

Answer by ptaylor(2198) (Show Source): You can put this solution on YOUR website!
Mr. Lynch owns (3/7) of the business and his share of the profits for the year was $60,000. Wilbur only owned (1/28) of the business. What was Wilbur's share of the profits?
3/7=12/28
So 12/28=$60,000 divide both sides by 12
1/28(12/12)=$60,000/12
1/28=$5,000----------------------Wilbur's share

Hope this helps----ptaylor
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