SOLUTION: Three individuals form a partnership and agree to divide the profits equally. X invests $9,000, Y invests $7,000, Z invests $4,000. If the profits are $4,800, how much less does
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-> SOLUTION: Three individuals form a partnership and agree to divide the profits equally. X invests $9,000, Y invests $7,000, Z invests $4,000. If the profits are $4,800, how much less does
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Question 191680: Three individuals form a partnership and agree to divide the profits equally. X invests $9,000, Y invests $7,000, Z invests $4,000. If the profits are $4,800, how much less does X receive compared to having the profits divided in proportion to the amounts invested by X,Y, and Z? Answer by Mathtut(3670) (Show Source):
You can put this solution on YOUR website! if divided equally each would receive 1600
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if by proportion x would receive 9000/20000*4800=2160
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so X receives 2160-1600=5160 less by splitting equally
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