64.0k views
2 votes
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?

User Alaina
by
6.5k points

1 Answer

7 votes

Answer:

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.

User PranshuKhandal
by
6.7k points