SOLUTION: Three individuals form a partnership and agree to divide the profits equally x invests 9,000, y invests 7,000 z invests 4,000. If the profits are 4,800, how much less does x reciev
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Question 179178: Three individuals form a partnership and agree to divide the profits equally x invests 9,000, y invests 7,000 z invests 4,000. If the profits are 4,800, how much less does x recieve compared to having the profits divided into portions to the amounts xyz
Answer by Mathtut(3670) (Show Source): You can put this solution on YOUR website!
9000+7000+4000=20000
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if profits were proportionate to the amounts invested then
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x would receive 9/20 of the profit
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9/20(4800)=2160
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split evenly x will receive 4800/3=1600
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the difference is 2160-1600=$560 dollars
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so x is receiving 560 less than if the profits per proportionate to $$ invested
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