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Hillier Hillier
wrote...
Posts: 550
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6 years ago
Four beneficiaries are to divide an estate of $289 000 in the ratio  . How much should each receive?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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Replies
wrote...
6 years ago
Ratio:  :   :   :   =   :   :   :   = 16 : 6 : 21 : 11
Let the constant part be x
∴ 16x + 6x + 21x + 11x = 289000
   54x = 289000
       x = 5351.851852
Distribution of estate:
   First beneficiary:    16 * 5351.85182 = $85629.63
   Second beneficiary:    6 * 5351.85182 = 32111.11
   Third beneficiary:    21 * 5351.85182 = 112388.90
   Fourth beneficiary:    11 * 5351.85182 = 58870.37
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