Final answer:
Roy's share of the £7200.00, when split in a 5:3 ratio with Shelly, is calculated by first finding the value of one part (£900.00) and then multiplying by 5 parts, resulting in a total of £4500.00 for Roy.
Step-by-step explanation:
To calculate Roy's share when £7200.00 is shared between Roy and Shelly in a ratio of 5:3, we first need to understand that the total ratio parts will be the sum of Roy's and Shelly's parts, which is 5+3 = 8 parts. Now, we can determine the value of one part by dividing the total amount of £7200.00 by 8.
Once the value of one part is known, we multiply this value by the number of parts Roy is entitled to, which in this case is 5 parts.
Step-by-step calculation:
- Calculate the value of one part: £7200.00 / 8 = £900.00 per part.
- Calculate Roy's share: £900.00 x 5 = £4500.00.
Roy's share of the amount is therefore £4500.00.