SOLUTION: Two brothers started a business, one investing P25,000 and the other P75,000.
They agree to divide profits in the ratio of their relative investments. How much
should each rece
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They agree to divide profits in the ratio of their relative investments. How much
should each rece
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Question 1186982: Two brothers started a business, one investing P25,000 and the other P75,000.
They agree to divide profits in the ratio of their relative investments. How much
should each receive if the first years profit is P8,000?
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Two brothers started a business, one investing P25,000 and the other P75,000.
They agree to divide profits in the ratio of their relative investments. How much
should each receive if the first years profit is P8,000?
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First brother receives = = = P 2000.
Second brother receives the rest of the profit, i.e. P8000 - P2000 = P6000.