SOLUTION: A profit of $2400 is to be divided among three people in a 7:3:2 ratio. How much should each person receive?
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Question 484745: A profit of $2400 is to be divided among three people in a 7:3:2 ratio. How much should each person receive?
Answer by Deina(147) (Show Source): You can put this solution on YOUR website!
I'm not sure about the algebraic formula for this, but it's fairly simple.
7 + 3 + 2 = 12 so
2400 / 12 = 200
7 * 200 = 1400
3 * 200 = 600
2 * 200 = 400
and bob's your uncle!
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