Question

Eric, George, and Denzel have invested $400,000, $300,000, and $300,000, respectively, in a business venture. They have decided that they will divide the profits among themselves in the ratio of their respective investments. If their business makes a profit of $75,000, what would be Eric’s share in the profit?
A.
$22,500
B.
$30,000
C.
$32,500
D.
$45,000

Answer 1

Answer:

Step-by-step explanation:

400,000+300,000+300,000= 1 000 000

=40%+30%+30%

So 40% of 75000 = 30,000

So B