Question

Boadu and ansah formed a company and agreed that their annual profit will be shared in the ratio of 4:5 respectively. If at the end of the year ansah received ghs5,000 more than Boadu how much was boadu share?

Answer 1

ghs 20,000

Explanation:

If Boadu and ansah formed a company and agreed that their annual profit will be shared in the ratio of 4:5 respectively, the total ratio will be 4 + 5 = 9

Let Boadu share be x

Let ansah share be y

If at the end of the year ansah received ghs5,000 more than Boadu, then;

y = 5000 + x

Boadu share = 4/9 * (x+y)

x+y is the total amount shared

x = 4/9 * (x+y)

Substitute y = 5000 + x

9x = 4(x+y)

9x = 4x + 4y

9x - 4x = 4y

5x = 4y

5x = 4(5000+x)

5x = 20,000 + 4x

5x-4x = 20,000

x = 20,000

Hence Boadu share is ghs 20,000