Ask Question
16 January, 23:50

The amounts that two partners invested in a new business are given below. If the partners share the profits in the same ratio as their investment, what is partner B's share in a $3600 profit?

Partner A $4300 Partner B $7700

+1
Answers (1)
  1. 17 January, 01:48
    0
    The total amount of investment = 4300 + 7700 = $12,000

    Now, the percentage of share of partner B can be calculated as follows:

    % of share of B = (7700/12000) x 100 = 64.1667%

    Therefore, for a profit of $3600, partner B will get:

    0.641667 x 3600 = $2310
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The amounts that two partners invested in a new business are given below. If the partners share the profits in the same ratio as their ...” in 📘 Mathematics 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