23. Three businessmen A, B and C enter into partnership and agree to share the total
profit in the ratio of their investments. A
invested GH¢450, B invested GH¢150
and C invested GH¢600. C received a
profit of GH¢24.70, find
i) the total profit.
ii) the profits made by A and B.​

Step-by-step explanation:

A invested 450

B invested 150

C invested 600

total investment was 1200

share of A is 450/1200 = .375

share of B is 150/1200 = .125

share of C is 600/1200 = .5

C received a profit of 24.70.

that would be .5 of the total profit.

if we let x = total profit, we get .5 * x = 24.70

solve for x to get x = 24.70 / .5 = 49.40

A share of total profit = .375 * 49.4 = 18.525

B share of total profit = .125 * 49.4 = 6.175

C share of total profit .5 * 49.4 = 24.7

total profit = 49.4 as we had calculated earlier.

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step-by-step explanation: