Question

winta and lensa invest birr 21000 and 17500 respectively in a business.at the end of the year, they make profit birr 24600. what is the the share of winta in the profit?​

Answer 1

Explanation:

To determine the share of Winta in the profit, we need to calculate the ratio of her initial investment to the total initial investment and then apply that ratio to the total profit.

Winta's initial investment: Birr 21,000

Lensa's initial investment: Birr 17,500

Total initial investment: Birr 21,000 + Birr 17,500 = Birr 38,500

To find the share of Winta in the profit, we calculate:

Winta's share = (Winta's initial investment / Total initial investment) * Total profit

Winta's share = (Birr 21,000 / Birr 38,500) * Birr 24,600

Simplifying the calculation:

Winta's share = (0.5455) * Birr 24,600

Winta's share ≈ Birr 13,414.55

Therefore, Winta's share in the profit is approximately Birr 13,414.55.