SOLUTION: A small company made $900 profit one year. The two partners split the profit, using a ratio of 2 to 3. What was each partner's share?
Algebra.Com
Question 826352: A small company made $900 profit one year. The two partners split the profit, using a ratio of 2 to 3. What was each partner's share?
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
A small company made $900 profit one year. The two partners split the profit, using a ratio of 2 to 3. What was each partner's share?
--------------
2*p + 3*p = 900
5p = 900
p = 180
---------------
2p = $360
3p = $540
------------------
Not much money for a year.
RELATED QUESTIONS
Express the answer in scientific notation to two decimals. A company produced 2,600,000... (answered by colliefan)
company produced 2,420,000 small appliances in one year and made a profit of $7,710,000.... (answered by ikleyn)
A company produced 2,390,000 small appliances in one year and made a profit of... (answered by checkley77)
A company produced 2,265,400 tires in one year and made a profit of 15,720,000.
What was (answered by jim_thompson5910)
A company produced 2,265,400 tires in one year and made a profit of $15,720,000. What was (answered by richwmiller)
i need help with this problem:
Solve the problem: Express the answer in scientific... (answered by gonzo)
George, Jenna and Doreen start a new company.they agree to share any profit/loss made by... (answered by greenestamps)
The owner of a small clothing company wants to create a mathematical model for the... (answered by CPhill)
Three partners A,B and C agreed to share their annual net profit in the ratio 2 3 5. In a (answered by Theo)