Migs, Yuan, and Jane are partners. Their partnership incurred a net loss of 30,000 in the first half year. They agreed that their profit or loss ratio is to be 5/8 to Migs, 1/4 to Yuan, and the remainder to Jane. a. Compute each share in the loss. b. What fraction of the total loss was Jane's share? c. Make a simple pie chart to show division of loss.
Migs, Yuan, and Jane are partners. Their partnership incurred a net loss of 30,000 in the first half year. They agreed that their profit or loss ratio is to be 5/8 to Migs, 1/4 to Yuan, and the remainder to Jane. a. Compute each share in the loss. b. What fraction of the total loss was Jane's share? c. Make a simple pie chart to show division of loss.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Migs, Yuan, and Jane are partners. Their partnership incurred a net loss of 30,000 in the first half year. They agreed that their profit or loss ratio is to be 5/8 to Migs, 1/4 to Yuan, and the remainder to Jane.
a. Compute each share in the loss.
b. What fraction of the total loss was Jane's share?
c. Make a simple pie chart to show division of loss.
Please type your solution to a and b.
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