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Last year $48,000 of a certain store's profit was shared by
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09 Jun 2020, 09:12
09 Jun 2020, 09:12
Expert Reply
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Question Stats:
91% (01:05) correct
8% (01:49) wrong based on 37 sessions
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Last year $48,000 of a certain store's profit was shared by its 2 owners and their 10 employees. Each of the 2 owners received 3 times as much as each of their 10 employees. How much did each owner receive from the $48,000 ?
A. $12,000
B. $9,000
C. $6,000
D. $4,000
E. $3,000
A. $12,000
B. $9,000
C. $6,000
D. $4,000
E. $3,000
Re: Last year $48,000 of a certain store's profit was shared by
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09 Jun 2020, 09:12
09 Jun 2020, 09:12
Expert Reply
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Re: Last year $48,000 of a certain store's profit was shared by
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09 Jun 2020, 09:44
09 Jun 2020, 09:44
Carcass wrote:
Last year $48,000 of a certain store's profit was shared by its 2 owners and their 10 employees. Each of the 2 owners received 3 times as much as each of their 10 employees. How much did each owner receive from the $48,000 ?
A. $12,000
B. $9,000
C. $6,000
D. $4,000
E. $3,000
A. $12,000
B. $9,000
C. $6,000
D. $4,000
E. $3,000
Each owner received 3 times as much as each employee
Let E = the amount (in dollars) that ONE employee received
So, 3E = the amount (in dollars) that ONE owner received
Last year $48,000 of a certain store's profit was shared by its 2 owners and their 10 employees.
In other words: 3E + 3E + E + E + E + E + E + E + E + E + E + E = 48,000
Simplify: 16E = 48,000
So, E = 48,000/16
= 3,000
So, each EMPLOYEE received $3000, which means each OWNER received $9000
Answer: B
Cheers,
Brent
