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Nairaland Forum / Science/Technology / Can You Solve This? (692 Views)
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Can You Solve This? by AKPOZY(m): 9:42pm On Oct 21, 2015 |
6 friends wants to go into a business whose start up capital is #400,000. Mr. A, B, C, D, E and F offered to invest #90,000, #120,000, #40,000, #45,000, #60,000 and #45,000 respectively. When profit start coming in, how will it be shared in proportion to amount invested? |
Re: Can You Solve This? by Nobody: 10:59pm On Oct 21, 2015 |
AKPOZY:A= 90,000 B= 120,000 C= 40,000 D= 45,000 E= 60,000 F= 45,000 Total is 400,000. A contributed 90,000/400,000 which is 22.5% B contributed 120,000/400,000 which is 30% C contributed 40,000/400,000 which is 10% D contributed 45,000/400,000 which is 11.25% E contributed 60,000/400,000 which is 15% F contributed 45,000/400,000 which is 11.25% Total adds up to 100%. So ceteris paribus, A should get 22.5% of profits; B should get 30%, C should get 10%, etc. 1 Like |
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