A Victoria fashion business partnership has agree that half of the annual profit be distributed in proportion to each partner's investment in the partnership, and that the other half be distributed in proportion to the total number of hours that each partner worked in the business during the year. In 2015, the profit of the company was $82,000. How should the company allocate this profit to its three investors if the amounts invested by Chloe, Arab, and Mike are $60,000, $20,000, and $50,000, and their hours of work for the year were 400, 1100, and 1300, respectively?
A Victoria fashion business
First Half of Profit will be shared based on investment of each partner (i.e.) in the ratio 6:2:5
Other Half of Profit will be shared based on the proportion to the total number of hors worked (i.e.) in the ratio 4:11:13
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