Question

Jaime, ralph, marvin and victor decided to put up a small business. their initial investment is in the ratio of 8:3:12:2 respectively and marvin's had ivested php 240,000. interms of profit they have decided to split them base on the ratio of their investment. in the first three months of their company made a total of php 150,000 profit. based on marvin's initial deposit. how much did victor invested?

Answer 1

php 40,000

Explanation:

In the ratio, Marvin corresponds to 12 and Victor to 2.

Marvin invested php 240,000.

His part of the ratio is 12.

240,000/12 = 20,000

Victor's part in the ratio is 2.

Victor's investment amount is 2 × php 20,000 = php 40,000