The 4J partnership earned a net profit of P28 000.00. The partners Jed, Joshua, Janine, and John shared profits and losses, for Jed, for Joshua, for Janine, and the rest for John. Compute for the share of the partners in the net profit.

Let's break down the problem to determine each partner's share of the net profit.

### Given:
- Total net profit = P28,000.00
- Partners: Jed, Joshua, Janine, and John
- The problem states that profits and losses are shared between the partners. We can assume each partner has a specific fractional share of the profits. Let's assign:
  - Jed's share: \( x \)
  - Joshua's share: \( y \)
  - Janine's share: \( z \)
  - John's share: \( 1 - (x + y + z) \) (since the rest of the profit goes to John)

However, the specific fractions for each partner's share aren't given in the problem. We need this information to compute the shares. Assuming the missing information is something like:

- Jed: \( \frac{1}{4} \)
- Joshua: \( \frac{1}{4} \)
- Janine: \( \frac{1}{4} \)
- John: \( \frac{1}{4} \)

Then, each partner would receive:

### Calculations:

1. **Jed's share**:
   \[
   \text{Jed's share} = \frac{1}{4} \times 28,000 = \frac{28,000}{4} = P7,000
   \]

2. **Joshua's share**:
   \[
   \text{Joshua's share} = \frac{1}{4} \times 28,000 = \frac{28,000}{4} = P7,000
   \]

3. **Janine's share**:
   \[
   \text{Janine's share} = \frac{1}{4} \times 28,000 = \frac{28,000}{4} = P7,000
   \]

4. **John's share**:
   \[
   \text{John's share} = \frac{1}{4} \times 28,000 = \frac{28,000}{4} = P7,000
   \]

### Summary:
- **Jed's share**: P7,000
- **Joshua's share**: P7,000
- **Janine's share**: P7,000
- **John's share**: P7,000

Please confirm or provide the specific fractions each partner is supposed to receive, and I can adjust the calculations accordingly. 

Would you like more details or further clarification?

---

Here are 5 related questions to further explore this topic:
1. What would be John's share if his fraction of the profit was \( \frac{1}{2} \) instead of \( \frac{1}{4} \)?
2. If the net profit increased to P35,000, how would the shares change for each partner?
3. How would the distribution change if one partner decided to take a smaller share of \( \frac{1}{5} \)?
4. What is the difference in share between the partner with the smallest fraction and the largest fraction?
5. How would you divide the net profit if one of the partners decides to leave the partnership?

**Tip:** When splitting profits or losses in partnerships, it's essential to clarify the exact fractions or percentages each partner should receive to ensure fair distribution.

Learn how to calculate each partner's share in a partnership's net profit distribution. This problem involves determining fractional shares and applying them to a given net profit amount. Suitable for individuals seeking to understand profit distribution in partnerships.

Math Problem Statement

Solution

Ask a new question for Free

By Image

Math Problem Analysis

Mathematical Concepts

Formulas

Theorems

Suitable Grade Level

Related Recommendation