Question

Steve and Jordan are partners, sharing profits in the ratio 2/6 : 4/6. If the profit to be shared is $2 400, what is Jordan's share of profit​

Answer 1

Given:-

sharing profits in the ratio of Steve and Jordan = 2 : 4

Total profit = $2,400

To find :-

Jordan's share of profit

Solution:-

Steve profit ratio = 2/6

Jordan s profit ratio = 4/6

Total profit = $2,400

Steve's share =

➛2/6 × 2,400

➛800

Steve's share = $800

Jordan's share =

➛4/6 × 2400

➛1600