Each home sold for $320,000. Bill gets 1/4, June has a 1/5 interest. What is the amount of Jacks profit from the sell of the homes

To find Jack's profit from the sale of the homes, we need to calculate how much of the total $320,000 Bill and June received, and then subtract those amounts from the total to find what is left for Jack.

### Step 1: Bill's share
Bill gets $\frac{1}{4}$ of the total amount:
\[
\frac{1}{4} \times 320,000 = 80,000
\]

### Step 2: June's share
June has a $\frac{1}{5}$ interest in the sale:
\[
\frac{1}{5} \times 320,000 = 64,000
\]

### Step 3: Jack's profit
Now, subtract Bill's and June's shares from the total amount:
\[
320,000 - (80,000 + 64,000) = 320,000 - 144,000 = 176,000
\]

Therefore, Jack's profit from the sale of the homes is **$176,000**.

Would you like more details or have any further questions?

Here are some related questions:
1. How would Jack's profit change if Bill's share increased to 1/3?
2. If another person was added with a 1/6 interest, how would that affect Jack's profit?
3. What percentage of the total sale does Jack receive?
4. How can we divide the remaining profit between Jack and another partner if they split equally?
5. What if the total sale amount was different, how would that impact Jack's share?

**Tip:** Always double-check that the sum of everyone's shares adds up to the total sale value.

Each home sold for $320,000. Bill gets 1/4, June has a 1/5 interest. What is the amount of Jack's profit from the sale of the homes?

Learn how to calculate Jack's profit from a home sale of $320,000 when Bill receives 1/4 and June receives 1/5 of the total. Step-by-step solution involving fractions and basic subtraction, suitable for Grades 5-7.

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