Asked by Steve

Three individuals form a partnership and agree to divide the profits equally. X invests $9,000, Y invests $7,000, Z invests $4,000. If the profits are $4,800, how much less
does x receive compared to having the profits divided in proportion to the amounts invested by X, Y, and Z?

Answers

Answered by Reiny
So their profits should be divided in the ratio of
9 : 7 : 4

so X will get 9/20 x 4800
Y will get 7/20 x 4800
Z will get 4/20 x 4800

I will let you do the 'button-pushing'
Answered by john
2160
Answered by Anjali
X 9/20*4800= 2160
So X should get $ 2160.00
instead of $ 1600.00
X is receiving 2160-1600= $560 less




There are no AI answers yet. The ability to request AI answers is coming soon!

Related Questions