Question

the ratio of the shares of two partners A and B in the profit of a business 5:3. how much will B receive when the profit is $1,200.00

Answer 1

$450.00

Explanation:

Add up both parts of the ratio, 5:3 to get 8.

Then divide the total profit by 8.

3/8 of the profit is what person B gets.

if you divide 1200 by 8 you get 150.

150x3 is 450.

To check your answer, you could calculate the money person A will receive, $750.

When you add 750 and 450 you get 1200.