Question

Luke and Matthew ran a lemonade stand on Saturday. They agreed that Matthew would get 60%, percent of the profit because the lemonade stand was his idea. They made a profit of $25. How much money did matthew make?

Answer 1

60% of $25 = (0.6) x ($25) = $15. Matthew got $15 and Luke got $10. Moses then showed then how to invest it in real estate and mutual funds.

Answer 2

Matthew made $15


Matthew 60% + Luke 40%= Profit 100%


if profit is $25; 60% will be: 0.60* $25=$15 ; Matthew's share
40% will be: 0.40* $25 =10 ; Luke share