To divide $450,000 in the ratio 3:5, you first need to understand that the ratio represents the total parts. In this case, 3+5 equals 8 total parts.

Step 1: Calculate the value of each part by dividing the total amount ($450,000) by the total number of parts (8).

$450,000 ÷ 8 = $56,250. This means each part is worth $56,250.

Step 2: Multiply the value of each part by the number of parts each person gets.

Person 1 gets 3 parts, so 3 x $56,250 = $168,750.

Person 2 gets 5 parts, so 5 x $56,250 = $281,250.

So, the two people will share the $450,000 in the amounts of $168,750 and $281,250.

Question

To divide $450,000 in the ratio 3:5, you first need to understand that the ratio represents the total parts. In this case, 3+5 equals 8 total parts.

Step 1: Calculate the value of each part by dividing the total amount ($450,000) by the total number of parts (8).

$450,000 ÷ 8 = $56,250. This means each part is worth $56,250.

Step 2: Multiply the value of each part by the number of parts each person gets.

Person 1 gets 3 parts, so 3 x $56,250 = $168,750.

Person 2 gets 5 parts, so 5 x $56,250 = $281,250.

So, the two people will share the $450,000 in the amounts of $168,750 and $281,250.

Knowee AI · Accepted Answer

To divide $450,000 in the ratio 3:5, you first need to understand that the ratio represents the total parts. In this case, 3+5 equals 8 total parts.

Step 1: Calculate the value of each part by dividing the total amount ($450,000) by the total number of parts (8).

$450,000 ÷ 8 = $56,250. This means each part is worth $56,250.

Step 2: Multiply the value of each part by the number of parts each person gets.

Person 1 gets 3 parts, so 3 x $56,250 = $168,750.

Person 2 gets 5 parts, so 5 x $56,250 = $281,250.

So, the two people will share the $450,000 in the amounts of $168,750 and $281,250.

Two people are to share $450 000 in the ratio 3:5. State each share