Question

Jake and Logan are partners in a business. Jake makes $2 in profit for every $5 that Logan makes. If Logan makes $20 profit on the first day, how much profit does Jake make?

a) $8
b) $6
c) $4
d) $2

Answer 1

Jake makes a $8 profit when Logan makes a $20 profit, as determined by the profit ratio of 2:5 between Jake and Logan.

Step-by-step explanation:

If Jake makes $2 in profit for every $5 that Logan makes, and Logan makes $20 profit, then we can calculate Jake's profit using a simple ratio.

The ratio of Jake's profit to Logan's profit is 2:5. If Logan's profit is $20, we divide $20 by 5 to find out how much one 'part' of the ratio is worth and then multiply by 2 to find Jake's share.

So, $20 ÷ 5 = $4, which is one 'part' of the ratio. Jake's profit is 2 parts, so $4 × 2 = $8. Therefore, Jake makes an $8 profit.