Lisa and Mike are partners in a business. The income that the business earns is divided between Lisa and Mike in a 2:3 ratio respectively. Their business earned an income of $250,000 this year. How much will Lisa receive?

Answer: Lisa get $50,000

In this question, you are given the total amount of revenue ($250,000) and the ratio of revenue share (Lisa:Mike = 2:3). Translating the revenue share will make a sentence like this: "From 5 part of revenue, Lisa will get 2 part and Mike will get 3 part."

That mean, the revenue Lisa will get is: 2/5 * $250,000 = $50,000