MHB Total Profit of the business partners for the year

  • Thread starter Thread starter mathdad
  • Start date Start date
  • Tags Tags
    Business Year
AI Thread Summary
The total profit of the business partners Q, R, and S is determined based on their profit-sharing ratios of 2:5:8. Given that Q's share is 4,000, it can be established that Q represents 2 parts of the total profit. By calculating, Q's share leads to the conclusion that each part (x) equals 2,000. Consequently, R's share amounts to 10,000 and S's share to 16,000, resulting in a total profit of 30,000 for the year. The correct total profit is thus confirmed to be 30,000.
mathdad
Messages
1,280
Reaction score
0
Three business partners, Q, R, and S, agree to divide their total profit for a certain year in the ratios: 2 : 5 : 8, respectively. If Q's share was 4,000, what was the total profit of the business partners for the year?

My Reasoning:

1. The variables listed represent 3 people.
2. The word ratio means that there are fractions involved.

My problem is making enough sense of the words
to help me set up the proper equation. I know that Q's share is 4000. No share data has been given for R and S.

I decided to let x be the total profit that we need to find. I came up with the equation 2x + 5x + 8x = 4000. If this equation is incorrect, why is it wrong?
 
Last edited:
Mathematics news on Phys.org
RTCNTC said:
Three business partners, Q, R, and S, agree to divide their total profit for a certain year in the ratios: 2 : 5 : 8, respectively. If Q's share was 4,000, what was the total profit of the business partners for the year?

My Reasoning:

1. The variables listed represent 3 people.
2. The word ratio means that there are fractions involved.

My problem is making enough sense of the words
to help me set up the proper equation. I know that Q's share is 4000. No share data has been given for R and S.

If I let x be the total profit that we need to find. I came up with the equation 2x + 5x + 8x = 4000. If this equation is incorrect, why is it wrong?
Since Q's share = 4000, then 2x = 4000, so x = 2000 : HOKAY?!
 
RTCNTC said:
Three business partners, Q, R, and S, agree to divide their total profit for a certain year in the ratios: 2 : 5 : 8, respectively. If Q's share was 4,000, what was the total profit of the business partners for the year?

My Reasoning:

1. The variables listed represent 3 people.
2. The word ratio means that there are fractions involved.

My problem is making enough sense of the words
to help me set up the proper equation. I know that Q's share is 4000. No share data has been given for R and S.

If I let x be the total profit that we need to find. I came up with the equation 2x + 5x + 8x = 4000. If this equation is incorrect, why is it wrong?
It's not a matter of it being "incorrect", it simply makes no sense because you haven't said what "x" represents! I suspect you are saying since they are in "ratios: 2: 5: 8", thens if Q is 2 times anything, then R is 5 times that "something" and S is 8 times that something. But then "2x+ 5x+ 8x" is to total or Q, R, and S, not just Q itself. You are told that Q= 4000 NOT the total. If Q is 2x and Q is 4000 then 2x= 4000 so x= 2000. Then R= 5(2000) and S= 8(2000)
 
If x = 2000, then R = 5(2000) or 10,000 and S = 8(2000) or 16,000.

I know that Q's share is 4000.

Let TP = total profit

TP = Q + R + S

TP = 4,000 + 10,000 + 16,000

TP = 4,000 + 26,000

TP = 30,000
 
Last edited:
Seemingly by some mathematical coincidence, a hexagon of sides 2,2,7,7, 11, and 11 can be inscribed in a circle of radius 7. The other day I saw a math problem on line, which they said came from a Polish Olympiad, where you compute the length x of the 3rd side which is the same as the radius, so that the sides of length 2,x, and 11 are inscribed on the arc of a semi-circle. The law of cosines applied twice gives the answer for x of exactly 7, but the arithmetic is so complex that the...
Is it possible to arrange six pencils such that each one touches the other five? If so, how? This is an adaption of a Martin Gardner puzzle only I changed it from cigarettes to pencils and left out the clues because PF folks don’t need clues. From the book “My Best Mathematical and Logic Puzzles”. Dover, 1994.
Back
Top