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1 August, 07:47

Three partners, Luc, Deborah and Melanie, share the profits of a bussiness in the ratio 2:3:7 respectively. The profit for this year is $176 496. Determine the share of the profit for each partner

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  1. 1 August, 08:22
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    Add all parts shared 2+3+7=12

    Therefore 1 part is 176,496:12 = $14,708.

    This means:

    Luc has 2 parts: $14,708*2=$29,416

    Deborah has 3 parts: $14,708*3=$44,124

    Melanie has 7 parts: $14,708*7=$102,956

    To check add all values together. If it makes the total amount, then the share is correct. 29,416+44,124+102,956=$176,496
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