1. The owner and a partner in a small business share profits in the ratio 2:1. For a month in which the business realizes a profit of $15,600. what is the owner's share of the profit? 1 a. $5,200 b. $7,800 c. $10,400 d. None of These

PREALGEBRA
15th Edition
ISBN:9781938168994
Author:OpenStax
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Chapter5: Decimals
Section5.6: Ratios And Rate
Problem 485E: Would you prefer the ratio of your income to your friend's income to be 3/1 or 1/3? Explain your...
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1. The owner and a partner in a small business share profits in the ratio 2:1. For a month in which the business
realizes a profit of $15,600. what is the owner's share of the profit?
1
a. $5,200
b. $7,800
c. $10,400
d. None of These
Transcribed Image Text:1. The owner and a partner in a small business share profits in the ratio 2:1. For a month in which the business realizes a profit of $15,600. what is the owner's share of the profit? 1 a. $5,200 b. $7,800 c. $10,400 d. None of These
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