The four partners in a business decide to split the profits of their company in the ratio 2:5:5:7. If the profit of one year is 570000 soms then what is the largest amount of profit received by one of the four partners?
Mathematics · High School · Tue Nov 03 2020
llm
Answered on
Given :
Ratio of money invested = 2:5:5:7
Let the common factor be x, then ratio = 2x:5x:5x:7x
Total profit = 570000
So, 19x = 570000
x = 570000/19
x = 30000
So, largest profit : 7x = 7 × 30,000
= 210,000