Two business partners Jack and Jill decide to divide the profits from a business venture in the same ratio as their investments. If Jack invests $9000 and Jill invests $5000, how much should Jill receive if Jack receives $3600?
Answers
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Given : Two business partners Jack and Jill decide to divide the profits from a business venture in the same ratio as their investments.
Jack invests $9000 and Jill invests $5000,
To Find : how much should Jill receive if Jack receives $3600
Solution:
Jack invests $9000 and Jill invests $5000,
Profit ratio
Jack : Jill
9000 : 5000
= 9 : 5
If Jack receives 9 Then Jill receives = 5
If Jack receives 1 Then Jill receives = 5/9
If receives $3600 then Jill receives = 3600 * 5/9 $
= 400 * 5 $
= 2000 $
Jill receive 2000 $
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