Question

What is £21,000 split at a ratio of 2:5

Answer 1

£6,000 and £15,000.

Explanation:

This split works out to 2 fractions: 2 / (2 + 5) = 2/7 and 5/(2+5) = 5/7.

So the required amounts are £21,000 * 2/7 = £6,000 and 5/7 * 21,000

= £15,000.