Sam, Domenic, and Sal invested $100,000, $150,000 and $75,000 respectively in a business. The profits from last year were $80,000. How much of the profits should each partner receive?

A) $24,615.38; $36,923.08; $18,461.54
B) $25,000; $35,000; $10,000
C) $20,000; $35,000; $15,000
D) $24,615.38; $18,461.54; $36,923.08
E) $36,923.08; $18,461.54; $24,615.38

Question

ladan dabaghpoorkhoei · Accepted Answer

Final Answer : A, Explanation :  The total investment is $325,000 ($100,000 + $150,000 + $75,000). The profit shares are proportional to the investments: Sam ($100,000/$325,000), Domenic ($150,000/$325,000), and Sal ($75,000/$325,000). Calculating these fractions of the $80,000 profit gives $24,615.38 for Sam, $36,923.08 for Domenic, and $18,461.54 for Sal.

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