SOLUTION: THREE INDIVIDUALS FORM A PARTNERSHIP AND AGREE TO DIVIDE THE PROFITS EQUALLY. X INVESTS $9000, Y INVESTS $7000, Z INVESTS $4000. IF THE PROFITS ARE $4800, HOW MUCH LESS DOES X RECE

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Question 746045: THREE INDIVIDUALS FORM A PARTNERSHIP AND AGREE TO DIVIDE THE PROFITS EQUALLY. X INVESTS $9000, Y INVESTS $7000, Z INVESTS $4000. IF THE PROFITS ARE $4800, HOW MUCH LESS DOES X RECEIVE THAN IF THE PROFITS WERE DIVIDED IN PROPORTION TO THE AMOUNT INVESTED?
HOW DO YOU FIGURE THIS ANSWER?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
If the profit is divided equally,
+4800+%2F+3+=+1600+ each gets $1,600
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The proportion of the amounts invested is:
X : Y : Z = 9000 : 7000 : 4000
9000 : 7000 : 4000 = 9 :7 : 4
Now express the proportion as fractions of the sum
9 : 7 : 4 = 9/20 : 7/20 : 4/20
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X receives +%289%2F20%29%2A4800+=+2160+
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x receives +2160+-+1600+=+560+ $560 less when
profit is divided equally