Question

Four individuals put their money together to start a new venture. They agree to split the profits equally. N invests $1,000, X invests $2,000, Y invests $3,000 and Z invests $4,000. If the profits for the first month were $2,000, Z receives __?__ less than if the profits were divided in proportion to how much they invested.

Answer 1

Answer: $800

Explanation:

N invests $1,000, X invests $2,000, Y invests $3,000 and Z invests $4,000. This in the ratio of 1:2:3:4.

If the profits for the first month were $2,000, the amount received by Z will be:

= 4/(1+2+3+4) × $2000

= 4/10 × $2000

= 4 × $200

= $800