Homework Help: Pre-Algebra

Posted by Steve on Monday, June 14, 2010 at 10:03pm.

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?

Pre-Algebra - Reiny, Tuesday, June 15, 2010 at 12:29am
So their profits should be divided in the ratio of
9 : 7 : 4

so X will get 9/20 x 4800
Y will get 7/20 x 4800
Z will get 4/20 x 4800

I will let you do the 'button-pushing'

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