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Two entrepreneurs imported crafts for resale. The ratio of their investment was 3:5. What was each person's share of the $12,000 sales income?
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3 votes
Two entrepreneurs imported crafts for resale. The ratio of their investment was

3:5. What was each person's share of the $12,000 sales income?

User Iamnotsam
by
8.0k points

1 Answer

3 votes

Answer:

  • $4500 and $7500

Explanation:

The share has the same ratio as investment:

  • 3x + 5x = 12000
  • 8x = 12000
  • x = 12000/8
  • x = 1500

The shares are:

  • 3*1500 = 4500
  • 5*1500 = 7500
User Jakemmarsh
by
8.4k points
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