Question

Jim Murray and Phyllis Lowe received a total of $52,000 from a deceased relative's estate. They decided to put $10,400 in a trust for their nephew and divide the remainder. Phyllis received 45 of the remainder; Jim received 15. How much did Jim and Phyllis receive?

Answer 1

Phyllis will get $33280.

Jim will get $8320.

Explanation:

Jim Murray and Phyllis Lowe received a total of $52,000 from a deceased relative's estate. They decided to put $10,400 in a trust for their nephew and divide the remainder.

The remainder =
`52000-10400=41600` dollars

Phyllis received 4/5 of the remainder; =
`0.8 *41600=33280` dollars

Jim received 1/5 ; =
`0.2*41600=8320` dollars

So, Phyllis will get $33280.

Jim will get $8320.