Question

James and dan are partners in a small company. From each year's profit, James is paid a bonus of $15000 and the remainder is shared between James and dan in the ration 2:3. in 1996, the profit was $20000. show that Dan's share was $3000

Answer 1

total20000
bonus15000
remaining 20000-15000=5000
ratio 2+3=5x
Dan part =3x
Dan value=( 5000/5)*3=3000