Question 293048: Please help! Thank u!
*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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Divided equally: each gets $1600
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Divided proportionately:
9x + 7x + 4x = 4800
20x = 4800
x = $240
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X would get: 9*240 = $2160
Y would get: 7*240 = $1680
Z would get: 4*240 = $960
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Cheers,
Stan H.
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