SOLUTION: right, David and simon provided capitals of #2000000,#3500000 and #4500000 respectively for a business on the understanding that the profit will be shared proportional to the c

Algebra ->  Rate-of-work-word-problems -> SOLUTION: right, David and simon provided capitals of #2000000,#3500000 and #4500000 respectively for a business on the understanding that the profit will be shared proportional to the c      Log On


   

Question 1036824: right, David and simon
provided capitals of #2000000,#3500000 and
#4500000 respectively for a business on the
understanding that the profit will be shared
proportional to the capital provided. if the profit for
a year was #5,250,000 how much did David
receive?
Answer by CubeyThePenguin(3113) About Me  (Show Source):
You can put this solution on YOUR website!
David's share
= (3,500,000)/(2,000,000 + 3,500,000 + 4,500,000) * (5,250,000)
= (0.35)(5,250,000)
= $1,837,500