Profitable company
Three businessmen decide to open up their own company. They agree to distribute the yearly profits made in the same ratio as their initial investments. They invest R 50 000, R 75 000, and R25 000, respectively. The profit made by the company in the first year is R600 000.
(1) Express the ratio of the initial investments in the simplest form.
(2) How much will each businessman receive by way of profit?
Your answer:
(1) Express the ratio of the initial investments in the simplest form.
(2) How much will each businessman receive by way of profit?
Your answer:
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You need to know the following knowledge to solve this word math problem:
algebrabasic operations and conceptsnumbersUnits of physical quantitiesGrade of the word problem
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