Question

A company loses $5,400 as the result of a manufacturing defect. The 8 owners of the company must share the loss equally. Find the change in profit in dollars for each owner

Answer 1

$675

Explanation:

We need to divide the total loss of $5,400 equally among the 8 owners to find the change in profit for each owner,

`\boxed{\bold{Change\: in \:profit\: for \:each \:owner \:= (Total \:loss )/( Number\: of\: owners)}}`

Change in profit for each owner =
`(\$5,400 )/(8)`

Change in profit for each owner = $675

Therefore, each owner will experience a decrease in profit of $675.