Question

A legacy of £6000 is to be divided between Alfred,Arthur and Anne in the ratio 1:2:4,but first death duties of 12.5% must be paid.What does each receive? solved ques​

Answer 1

Alfred = £750  , Arthur = £1500 , Anne = £3000  if A legacy of £6000 is to be divided between Alfred,Arthur and Anne in the ratio 1:2:4,but first death duties of 12.5% must be paid

Step-by-step explanation:

A legacy of £6000

death duties of 12.5%  = (12.5/100) * 6000 = £750

remaining amount =  £6000 -  £750   =  £5250

Alfred,Arthur and Anne in the ratio 1:2:4

Alfred, = x

Arthur = 2x

Anne = 4x

total = x + 2x  + 4x = 7x

7x = £5250

=> x = 750

Alfred = £750

Arthur = £1500

Anne = £3000

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