Math Problem Statement
Three men invested $2000, $3000, and $5000, respectively, when they formed a partnership. The profit at the end of the first year was $1920. How much should the man who invested $2000 receive if the profits are divided in accordance with the amounts invested?
Solution
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Math Problem Analysis
Mathematical Concepts
Ratios
Proportions
Investment Profits
Formulas
Profit distribution formula: (individual investment / total investment) * total profit
Theorems
Basic ratio theorem for proportional distribution
Suitable Grade Level
Grades 8-10
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