Question 269971: 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 stanbon(75887)   (Show Source):
You can put this solution on YOUR website! 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?
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Proportional Sharing:
Solve 9x + 7x + 4x = 4800
20x = 4800
x = 240
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X's proportional share: 9*240 = $2160
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X's even share = 4800/3 = $1600
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Cheers,
Stan H.
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