SOLUTION: Three business partners are to share profits of $24,000 in the ratio 5:4:3. what is the amount of the least share ? a $1,200 b $3,000 c $6,000 d $8,000 e

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: Three business partners are to share profits of $24,000 in the ratio 5:4:3. what is the amount of the least share ? a $1,200 b $3,000 c $6,000 d $8,000 e       Log On


   

Question 304088: Three business partners are to share profits of $24,000 in the ratio 5:4:3. what is the amount of the least share ?
a $1,200 b $3,000 c $6,000 d $8,000 e $10,000

Answer by mananth(16946) About Me  (Show Source):
You can put this solution on YOUR website!
the ratios are 5:4:3
Total 12 part
3/12 *24000 will be least share
=$6000