Question

Alan, Betty, and Carol invested in a corporation in the ratio of 3​:4​:5 respectively. If they divide the profit of ​$26,100 proportionally to their​ investment, how much will each​ receive?

Answer 1

Alan = $6525

Betty = $8700

Carol = $10875

Explanation:

Ratio of Investment is:

Alan: Betty: Carol = 3:4:5

Total profit will be divided into 12 portions (3+4+5=12)

Total profit = $26,100

One portion = $26,100/12 = $2175

Alan gets = 2175*3= 6525

Betty gets =2175*4= 8700

Carol gets = 2175*5 = 10875