Question

david and merrick start a small business. david invests £12500 in the business. merrick invests £10000 in the business. at the end of the first year they shared the profits in proportion to their investment. merrick recieved £320. how much profit did the business make?

Answer 1

£720

Explanation:

£320 is 0.032 percent of Merrick's investment.

0.032 times £12500 is £400.

£400 plus £320 is £720