Post a New Question

Pre-Algebra

posted by .

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 -

    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'

  • Pre-Algebra -

    2160

  • Pre-Algebra -

    X 9/20*4800= 2160
    So X should get $ 2160.00
    instead of $ 1600.00
    X is receiving 2160-1600= $560 less

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

More Related Questions

Post a New Question