Three businessman decide to open up their own company. They agree to distribute the
yearly profits made in the same ratio as their initial investments. They invest R 50 000,
R 75 000 and R 25 000, respectively. The profit made by the company in the first year is
R 600 000.
Express the ratio of the initial investments in simplest form.
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Answer:
2:3:1 initial investment ratio
Step-by-step explanation:
Investment ratio:
R 50000: R 75000: R 25000= 2:3:1
Profit= R 600000
Profit ratio= investment ratio:
2x+3x+x=600000
6x=600000
x=100000
Profit ratio:
2:3:1=R 200000: R 300000: R 100000
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