Question

Rachel and Martin own a business. They share the profits in the ratio 7 : 3 They either spend the money they earn from the profits or save it. The ratio of money Rachel spends to what she saves is 4 : 3 How much money does Rachel spend, if this month the profit was £1000?

Answer 1

Explanation:

The profits in ratio is 7:3

The money Rachel saves in ratio is 4:3

The total ratio = 7+3=10

7/10* 1000

7*100

=700