Question

(a) Angela and Barbra decided to start a business together. Angela invested $24000 and Barbara invested

Answer 1

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Answer:

  (a) A : B = $9000 : $6000

  (b) $1260

  (c) A : S : J = $1050 : $2250 : $1200 = 7 : 15 : 8

Step-by-step explanation:

(a) The investment ratio is ...

  Angela : Barbara = 24000 : 16000 = 3 : 2

The profit of 15,000 goes 3/(3+2) = 3/5 to Angela, and 2/5 to Barbara:

  Angela's share: (3/5)($15,000) = $9,000

  Barbara's share: (2/5)($15,000) = $6,000

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(b) We can multiply the ratio by $140 to see the larger amount:

  4 : 9 = ($140)(4) : ($140)(9) = $560 : $1260

The larger share is $1260.

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(c) Sian gets (1/2)($4500) = $2250. Anesha gets $1050. So  Joanne gets ...

  $2250 -1050 = $1200

Then the shares are ...

  i. Sian: $2250

  ii. Joanne: $1200

  iii. Ratios: A : S : J = 105 : 225 : 120 = 7 : 15 : 8