QUESTION: Sinag,Egoy, and Ogie contributed Php 750,Php 1200,and Php 2400,respectively, to set up a food stand. How should they divide the Php 2175 profit from the sales?
pa help po need ko po now with solution ASAP thank you po
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QUESTION: Sinag,Egoy, and Ogie contributed Php 750,Php 1200,and Php 2400,respectively, to set up a food stand. How should they divide the Php 2175 profit from the sales?
pa help po need ko po now with solution ASAP thank you po
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Answer:
Sinag should get Php 375, Egoy should get Php 600, and Ogie should get Php 1200 from the Php 2175 profit.
Step-by-step explanation:
Total contribution = Php 750 + Php 1200 + Php 2400 = Php 4350
find the ratio of each person's contribution to the total contribution:
Sinag's ratio = Php 750 / Php 4350 = 0.1724
Egoy's ratio = Php 1200 / Php 4350 = 0.2759
Ogie's ratio = Php 2400 / Php 4350 = 0.5517
calculate the share of each person from the Php 2175 profit:
Sinag's share = 0.1724 x Php 2175 = Php 375
Egoy's share = 0.2759 x Php 2175 = Php 600
Ogie's share = 0.5517 x Php 2175 = Php 1200
Therefore, Sinag should get Php 375, Egoy should get Php 600, and Ogie should get Php 1200 from the Php 2175 profit.