document.write( "Question 1123517: Joshua and Katie have a partnership agreement specifying that Joshua receives 40 percent of their company's profits and Katie receives the remainder. This year, Joshua's share of the company profit was $72,000. How much was Katie's share? \n" ); document.write( "

Algebra.Com's Answer #739854 by Theo(13342) $\"\"$ $\"About$

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x = the company's profits.
\n" ); document.write( ".4 * x = joshua's share.\r
\n" ); document.write( "\n" ); document.write( "joshua's share of the company's profits this year is 72000.\r
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\n" ); document.write( "\n" ); document.write( ".4* x = 72,000
\n" ); document.write( "x = 72000 / .4 = 180,000\r
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\n" ); document.write( "\n" ); document.write( "kati's share is 60%.\r
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\n" ); document.write( "\n" ); document.write( ".6 * 180,000 = 108,000\r
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\n" ); document.write( "\n" ); document.write( "another way to look at it.\r
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\n" ); document.write( "\n" ); document.write( "joshua's share is 40%
\n" ); document.write( "kate's share is 60%.
\n" ); document.write( "kate's share is 60/40 = 1.5 * joshua's share.\r
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\n" ); document.write( "\n" ); document.write( "1.5 * 72,000 = 108,000.\r
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\n" ); document.write( "\n" ); document.write( "either way will get you the same answer.\r
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