Schneider Turner
02/23/2023 · Elementary School
theree pe. ble particioated three the first 70,600 Pound the seocund 80,000 , thered go, 000 the fonthis 96000 Caleulate the shove of each if afthem in the profitsdat the end of first year
UpStudy ThothAI Solution
Tutor-Verified Answer
Quick Answer
To calculate each participant's share of profits, divide their contribution by the total contribution and multiply by the total profit. For example, if the total profit is £100,000, the first participant's share would be approximately £20,950.87, the second participant's share would be approximately £23,749.77, the third participant's share would be approximately £26,548.66, and the fourth participant's share would be approximately £28,750.00.
Step-by-step Solution
Answered by UpStudy AI and reviewed by a Professional Tutor
UpStudy ThothAI
Self-Developed and Ever-Improving
Thoth AI product is constantly being upgraded and optimized.
Covers All Major Subjects
Capable of handling homework in math, chemistry, biology, physics, and more.
Instant and Accurate
Provides immediate and precise solutions and guidance.
Try Now
Ask Tutors
Ask AI
10x
Fastest way to Get Answers & Solutions
By text
Enter your question here…
By image
Re-Upload
Submit