Anna, Beth and Cathy start a business by investing
$4,000, $6,000 and $8,000 respectively. Six
months later, Anna invests $2,000 more, Beth
invests $3,000 more, and Cathy withdraws $4,000.
If the company makes a profit of $74,000 for the
entire year, find Beth's share in the profit.
Answer is $30000 but don't know why. Illustrate with formula!
Answers
Answered by
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Answer:
A invests =20,000−5,000=15,000
B invest =20,000−4,000=16,000
C invests =20,000+6,000=26,000
Total investments =57,000
profit =69900
total percentage C invested
=(100×26,000)÷57000=45.61
Total profit including investment=57,000+69,900=126,900
Share of B in it =45.61×(1,26,900)÷100=57,879.09
Step-by-step explanation:
but my ans is coming this
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