Two brothers invested a total sum -a 445,000.00 on a farm project. The farm yield was sold for *15,000.00 at the end of the season, if the profit was shared in the ratio 2:3, what is the difference in the amount of profit received by the brothers?

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Question

Two brothers invested a total sum -a 445,000.00 on a farm project. The farm yield was sold for *15,000.00 at the end of the season, if the profit was shared in the ratio 2:3, what is the difference in the amount of profit received by the brothers?

Accepted Answer

Answer: D. Profit = N15,000 - N5,000 = N10,000 1st share = 2 x N10,000 = 14,000                     52nd share = 3. x 10,000 = N6,000       5difference = N6,000 - 4,000 = N2,000

MATHEMATICS

Mathematics 2023 JAMB Past Questions - Question 7: Two brothers invested a total sum -a 445,000.00 on a farm project. The farm yield was sold for *15,000.00 at the end of the season, if the profit was shared in the ratio 2:3, what is the difference in the amount of profit received by the brothers?

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Correct Answer

Explanation