document.write( "Question 243161: Mr. Alvarez, Mr. Brown, and Mr. Chen are partners in a buisness that generated $500,000 in profits. You know Mr. Alvarez owns 40% of the buisness and that Mr. Chen has received 175,000 of the profits.\r
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document.write( " Find the amount of the profits that Mr. Alvarez and Mr. Brown should receive \n" );
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Algebra.Com's Answer #178146 by Theo(13342)![]() ![]() You can put this solution on YOUR website! profits = 500,000 \n" ); document.write( "alvarez owns 40% of the business so he should get 40% of the profits. \n" ); document.write( ".4 * 500,000 = 200,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "chen gets 175,000 of the profits.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "brown gets the rest. \n" ); document.write( "500,000 - 200,000 - 175,000 = 500,000 - 375,000 = 125,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "alvarez gets 200,000 \n" ); document.write( "chen gets 175,000 \n" ); document.write( "brown gets 125,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "alvarez owns 40% of the business \n" ); document.write( "chen must own 35% of the business \n" ); document.write( "brown must own 25% of the business\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "This would be true, if they split the profits according to their percent ownership in the business.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "That's the assumption I made.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |