Question

Jim Murray and Phyllis Lowe received a total of $50,000 from a deceased relative's estate. They decided to put $10,000 in a trust for their nephew and divide the remainder. Phyllis received 3/4 of the remainder; Jim received 1/4. How much did Jim and Phyllis receive?

Answer 1

10000

Explanation:

Answer 2

Phyllis will get $30,000 and Jim will get $10,000

Explanation:

50,000 - 10, 000 = 40,000.

There is 40,000 to divide among Phyllis and Jim/

`(3)/(4)` (40,000) = 30,000

`(1)/(4)`(40,000) = 10,000