Question

Three partners of a firm divide the profit of $1500 among themselves in the ratio 1:2:7. What is the biggest share of the profit

Answer 1

Answer:

let the 3 friends get x,2x and 7x respectively.

x+2x+7x=1500

10x=1500

x=1500/10

x=150

Biggest share =7x

=7(150)

=$1050

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Answer 2

Given :  Three partners of a firm divide the profit of $1500 among themselves in the ratio 1:2:7

To find :  biggest share of the profit

Solution:

Three partners of a firm divide the profit of $1500 among themselves in the ratio 1:2:7.

Each share of profit  =  ( share / total Share )  * Total Profit

one share :  (1/(1 + 2 + 7 ) ) * 1500  =  150 $

second share   (2/(1 + 2 + 7 ) ) * 1500  =  300 $

third share    (7/(1 + 2 + 7 ) ) * 1500  =  1050 $

1050 is maximum in these

Hence biggest share of profit = $ 1050

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