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3 friends in a business agree to share the profits in a ratio 3:8:4 how much does each partner recieve from a total profit of 45 000
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sum of ratios = 3+8+4 = 15 so first one gets 3/15 * 45000 = 3 * 3000 = 9000 second one gets 8/15 * 45000 = 8 * 3000 = 24000 and third one gets 4/15 * 45000 = 4 * 3000 = 12000
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