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23 December, 13:23

gary, bill and carmella invested in a corporation in the ratio of 2:3:5, respectively. if they divide the profit of $82,000 proportionally to their investment, approximately how much will each receive?

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  1. 23 December, 15:05
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    Each will receive:

    Gary: $ 16,400

    Bill: $24,600

    Carmella: $ 41,000

    Explanation:

    The profit is shared according to the ratios of their investment as per below calculations:

    Gary: $82,000*2/10 = 16,400

    Bill: $82,000*3/10 = 24,600

    Carmella $82,000 * 5/10 = 41,000
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