Answer:
Jo's share = $50,400
Ellen's share = $37,800
Explanation:
Let
Ellen = x
Jo = 1/3x + x
Total profits = $88,200
Total profits = Jo's share + Ellen's share
88,200 = 1/3x + x + x
88,200 = 1/3x + 2x
88,200 = x+6x/3
88,200 = 7/3x
Divide both sides by 7/3
88,200 ÷ 7/3 = x
x = 88,200 × 3/7
= 264,600/7
= 37,800
Ellen = x = $37,800
= 1/3 * 37,800 + 37,800
= 37,800/3 + 37,800
= 12,600 + 37,800
= $50,400
Ellen + Jo
= $37,800 + $50,400
= $88,200
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