SOLUTION: Boadu and Ansah formed a company and agreed that their annual profit will be shared in the ratio 4:5 respectively. If at the end of the year, Ansah received GHC 5,000.00 more than
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Question 1186277: Boadu and Ansah formed a company and agreed that their annual profit will be shared in the ratio 4:5 respectively. If at the end of the year, Ansah received GHC 5,000.00 more than Boadu. How much was Boadu's share? Answer by ikleyn(52787) (Show Source):
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Boadu and Ansah formed a company and agreed that their annual profit will be shared in the ratio 4:5 respectively.
If at the end of the year, Ansah received GHC 5,000.00 more than Boadu. How much was Boadu's share?
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Their shares are 4x (Boadu) and 5x (Ansah), where x is the common factor.
We are given that 5x - 4x = 5000.
Therefore, x = 5000.
It implies that Boadu's share is 4x = 4*5000 = 20000. ANSWER