SOLUTION: Good I need help with the following questions :
5. Three business partners, A, B and C, share the profits as follows:
The ratio of A’s share to B’s share is 6:5 and the ra
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Question 1169282: Good I need help with the following questions :
5. Three business partners, A, B and C, share the profits as follows:
The ratio of A’s share to B’s share is 6:5 and the ratio of B’s share to C’s share is 3:4. Determine:
5.1 A’s share:B’s share:C’s Share.
5.2 the total profit if A gets $5000 less than C.
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
A:B is 6:5
B:C is 3:4
C is (4/3)B so if B is 5, C is 20/3
-
6:5:20/3
-
6x+5000=(20/3)x, where x is the multiples of each
18x+15000=20x
2x=15000
x=7500
Therefore, A is $45000, B is $37500, C is 7500*20/3=$50000
So the total profit is the sum or $132,500
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