In Order To Have Uniform Answers, Please Follow The Answer Format Given. For Currency Answers, Use The Format "Phpx,Xxx.Xx", Use Comma To Separate Tho

In order to have uniform answers, please follow the answer format given. For currency answers, use the format "PhpX,XXX.XX", Use comma to separate thousands, and always give two decimal places for the centavo part. Profits of a business will be shared by Mr. Maka and Mr. Vinta with a ratio of 1:2. If the profit will be Php30,000. How much will Mr. Maka get?

 

Answer:

Mr. Makas profit = Php 10,000.00

Step-by-step explanation:

Given: Mr. Maka and Mr. Vinta profit ratio = 1:2

           Total profit = Php 30,000.00

Required: Mr. Makas profit

Solution:

Mr. Makas profit = 1/(1+2) × Php 30,000.00 = Php 10,000.00

Mr. Vintas profit = 2/(1+2) × Php 30,000.00 = Php 20,000.00

Total profit = Php 10,000.00 + Php 20,000.00 = Php 30,000.00


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