Question

Three men took part in a business. They put in N2 000, N4 000 and N1 500 as capital. The profit made was divided among them in the same proportion as the amounts put in. If the profit was N300, how much did each man get?

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Answer 1

N80, N160, and N60

Explanation:

The total amount of capital invested is:

N2,000 + N4,000 + N1,500 = N7,500

The proportion of the profit that each man gets is equal to the proportion of the capital that he invested. Therefore, the first man gets:

N2,000 / N7,500 * N300 = N80

The second man gets:

N4,000 / N7,500 * N300 = N160

The third man gets:

N1,500 / N7,500 * N300 = N60

Therefore, each man gets N80, N160, and N60, respectively.

Answer 2

The total amount of capital invested is:

N2,000 + N4,000 + N1,500 = N7,500

The proportion of the profit that each man gets is equal to the proportion of the capital that he invested. Therefore, the first man gets:

N2,000 / N7,500 * N300 = N80

The second man gets:

N4,000 / N7,500 * N300 = N160

The third man gets:

N1,500 / N7,500 * N300 = N60

Therefore, each man gets N80, N160, and N60, respectively.

Explanation: