Question

Amy, Belinda, Candice and Diane invested money in the ratio of 2 : 3 : 1 : 4 in a publishing company.

If the profit was shared according to their investment, and Amy’s profit was $2400, find the profit each
investor made

Answer 1

Belinda's profit is $3600, Candice's profit is $1200 and Diane's profit is $4800

Explanation:

Amy's ratio = 2

Amy's profit = $2400

Belinda's profit = (3/2) × $2400

= 3× $1200

= $3600

Candice's profit= (1 / 2) × $2400

= 1 × $1200

= $1200

Diane's profit = (4 / 2) × $2400

= 4 × $1200

= $4800

Total investment= [(2+3+1+4) / 2] × $2400

= (10 / 2) × $2400

= 10 × $1200

= $12000