Ask Question
11 May, 15:39

gary, bill and carmella invested in a corporation in the ratio of 2:3:5, respectively. if they divide the profit of $82,000 proportionally to their investment, approximately how much will each receive?

+5
Answers (1)
  1. 11 May, 18:10
    0
    Each will receive:

    Gary: $ 16,400

    Bill: $24,600

    Carmella: $ 41,000

    Explanation:

    The profit is shared according to the ratios of their investment as per below calculations:

    Gary: $82,000*2/10 = 16,400

    Bill: $82,000*3/10 = 24,600

    Carmella $82,000 * 5/10 = 41,000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “gary, bill and carmella invested in a corporation in the ratio of 2:3:5, respectively. if they divide the profit of $82,000 proportionally ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers