Three friends, A, B, and C, start a business with investments in the ratio of 4:3:5, respectively. All three of them agree to share profits in the ratio of their investments. a. If A invested $7,500, what was B's investment? Round to the nearest cent b. If A's profit was $66,000 in the first year, what was C's profits? Round to the nearest cent c. In the second year, the total profit was $190,000. What was A's share of the profit?

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter4: Rational Expressions
Section4.CR: Review Problem Set
Problem 44CR: At a restaurant the tips are split between the busboy and the waiter in the ratio of 2 to 7. Find...
icon
Related questions
Question
Three friends, A, B, and C, start a business with investments in the ratio of 4:3:5,
respectively. All three of them agree to share profits in the ratio of their investments.
a. If A invested $7,500, what was B's investment?
Round to the nearest cent
b. If A's profit was $66,000 in the first year, what was C's profits?
Round to the nearest cent
c. In the second year, the total profit was $190,000. What was A's share of the profit?
Round to the nearest cent
SAVE PR
15°C
%23
Transcribed Image Text:Three friends, A, B, and C, start a business with investments in the ratio of 4:3:5, respectively. All three of them agree to share profits in the ratio of their investments. a. If A invested $7,500, what was B's investment? Round to the nearest cent b. If A's profit was $66,000 in the first year, what was C's profits? Round to the nearest cent c. In the second year, the total profit was $190,000. What was A's share of the profit? Round to the nearest cent SAVE PR 15°C %23
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 20 images

Blurred answer
Recommended textbooks for you
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,