Last year, Company X made q dollars in profit. two Thrid of the profit went to the company’s ...
Last year, Company X made q dollars in profit. two Thrid of the profit went to the company’s founder. The rest was split evenly among his Three other partners. In terms of q, how much did each of the other partners receive?
Answer/Solution
q/9
Steps/Work
Profit = q
Profit to company founder = 2q/3
Profit to other partners = q/3
Number of other partners = 3
Profit to each partner = (q/3)/3 = q/9
Answer: A
Profit to company founder = 2q/3
Profit to other partners = q/3
Number of other partners = 3
Profit to each partner = (q/3)/3 = q/9
Answer: A