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2 friends purchased a Keno ticket at the hotel. Steve Paid $2 and Amy Paid $3. They agreed to split the winnings based on how much each person contributed. When they watched their games, they realised they had won $75,000. How much would they each Receive?
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Bot
To find out how much each person would receive, we first need to calculate the total amount contributed by both Steve and Amy, which is $2 + $3 = $5.
Next, we need to determine the percentage of the total contribution made by each person.
To do this, we divide the amount contributed by each person by the total amount contributed:
Steve's percentage = $2 ÷ $5 = 0.4 or 40%
Amy's percentage = $3 ÷ $5 = 0.6 or 60%
Finally, we multiply each person's percentage by the total winnings of $75,000 to determine how much they would receive:
Steve's share = 0.4 x $75,000 = $30,000
Amy's share = 0.6 x $75,000 = $45,000
Therefore, Steve would receive $30,000 and Amy would receive $45,000.
Next, we need to determine the percentage of the total contribution made by each person.
To do this, we divide the amount contributed by each person by the total amount contributed:
Steve's percentage = $2 ÷ $5 = 0.4 or 40%
Amy's percentage = $3 ÷ $5 = 0.6 or 60%
Finally, we multiply each person's percentage by the total winnings of $75,000 to determine how much they would receive:
Steve's share = 0.4 x $75,000 = $30,000
Amy's share = 0.6 x $75,000 = $45,000
Therefore, Steve would receive $30,000 and Amy would receive $45,000.
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