Three businessmen 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. a) Express the ratio of the initial investments in simplest form. b) How much will each businessman receive by way of profit?
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Investments 50000
75000
25000
ratio of the initial investments = 50000 : 75000 : 25000
= 2 : 3 : 1
Share of 50000 investment = (2/6) * 600000 = 200000
Share of 75000 investment = (3/6) * 600000 = 300000
Share of 25000 investment = (1/6) * 600000 = 100000
ratio of the initial investments in simplest form. = 2 : 3 : 1
each businessman receive by way of profit 200000 , 300000 & 100000
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