Math Problem Statement
Solution
The problem states that three partners invested a total of Php 960,000, with each investing different percentages of the total (25%, 35%, and 40%). The partner with the smallest investment (25%) received a profit of Php 90,000. We need to calculate the profit received by the largest investor (40%).
Let's proceed step by step:
Step 1: Determine the ratio of investments.
- First partner (25%):
- Second partner (35%):
- Third partner (40%):
The profits are divided according to the investment proportions.
Step 2: Set up a proportion for profit distribution.
- The smallest investor received Php 90,000. The ratio of the profits is the same as the ratio of their investments.
- Let , , and be the profits for the first, second, and third investors respectively. Using the same ratio of investments, we have:
Given that , the ratio for the smallest investor is:
Step 3: Calculate the profit for the largest investor.
Using the same ratio, the profit for the largest investor is:
Final Answer:
The largest investor received a profit of Php 144,000.
Do you want more details or have any other questions?
Here are some follow-up questions for better understanding:
- How is the profit-sharing ratio determined in investment situations?
- What are the other possible ways profits can be divided among investors?
- If the total profit had been distributed equally, how much would each partner receive?
- How would the profit distribution change if one partner withdrew part of their investment?
- What would happen if the business made a loss instead of a profit?
Tip: Always check the proportionality in investment-related problems to ensure the division of profits is fair based on the input.
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Math Problem Analysis
Mathematical Concepts
Proportions
Ratios
Percentages
Formulas
Profit distribution ratio: Profit ∝ Investment
Theorems
Proportionality theorem: Profit is divided based on investment proportions
Suitable Grade Level
Grade 12 or early college (Business Mathematics)
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