Dagnachew and firdu formed a partnership. Dagnachew invested $90000 and firdu invested $60000.
Dagnachew has to devote one half time to the business while firdu is to devote full time. Find in the ration of time devoted to the business
To find the ratio of time devoted to the business by Dagnachew and Firdu, you need to compare the time each person is devoting to the business relative to the other.
Given that Dagnachew is devoting one-half of his time while Firdu is devoting full time, we can represent their time dedication as follows:
Dagnachew: 1/2
Firdu: 1 (since they are devoting full time)
To calculate the ratio, we need to find a common multiple of the fractions. In this case, the common multiple is 2 since we want both fractions to have a denominator of 2.
Dagnachew: (1/2) * 2 = 1/2
Firdu: (1) * 2 = 2/2
Now we have the time dedication ratios represented as:
Dagnachew: 1/2
Firdu: 2/2
Since Firdu's time dedication is in terms of halves, we can simplify it further:
Dagnachew: 1/2
Firdu: 1
Finally, the ratio of time devoted to the business by Dagnachew and Firdu is 1:2.