Types of Investments and Understanding Profitability
In a business...
Question
In a business, total profit is 7x + 510, of which James' profit share is 4 times the profit share of his family and friends each. Calculate the profit share of James.
A
73x + 340
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B
143x + 340
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C
73x + 1020
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D
143x + 1020
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Solution
The correct option is B143x + 340 Given:
Total profit = 7x + 510
Let family's profit share be y
Friends' share = y
James' share = 4y