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5 February, 14:33

Alyssa, Bart and Meghan are

partners in a company in

which they share all profits

and losses in the ratio 5:3:2.

In one year, the profits were

$140 000. What is each

partner's share of the profit?

+4
Answers (1)
  1. 5 February, 14:40
    0
    Hi,

    Essentially, we are saying that Alyssa gets 5 parts of the whole thing (140,000), Bart gets 3 parts of the whole and Meghan gets 2 parts of the whole. The sum total of their parts = the whole. So now we need to find out how much one part is. Thus,"one part" should be the variable. Substitute p for "one part", so Alyssa gets 5p, Bart gets 3p, and Meghan gets 2p. Since the sum of the parts = the whole, your problem sets up as: 5p + 3p + 2p = 140,000 - -> 10p = 140,000 - -> 10p/10 = 140,000/10 - -> x = 14,000.

    Alyssa gets 5p or (5 x 14,000)

    Bart gets 3p or (3 x 14,000)

    Meghan gets 2p or (2 x 14,000)

    If the whole was a loss, it would be a negative, and instead of getting money, they would lose money.
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