Question

Eric and Shiloh each have a savings account. The ratio of Eric's balance to Shiloh is 4:3. Together they have a total of $40 in their accounts. How much money does each bar represent

Answer 1

`Eric= \$22.86`

`Shiloh = \$17.14`

Explanation:

Represent Eric with E and Shiloh with S;

`E:S = 4:3`

`Total = \$40`

Required

Determine the how much money each have

We have to convert the ratio to fraction;

For Eric, we have

`Eric= (E)/(E + S) * Total`

`Eric= (4)/(4 + 3) * \$40`

`Eric= (4)/(7) * \$40`

`Eric= (\$160)/(7)`

`Eric= \$22.86`

`Shiloh = Total - Eric`

`Shiloh = \$40 - \$22.86`

`Shiloh = \$17.14`