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Lisa and Mike are partners in a business. The income that the business earns is divided between Lisa and Mike in a 2:3 ratio respectively. Their business earned an income of $250,000 this year. How much will Lisa receive?

Respuesta :

Answer :  Lisa earns $100,000 and

Mike earns $150,000

Explanation :

Let the share of income Lisa earns be 2x

Let the share of income Mike earns be 3x

According to question,

[tex]2x+3x= \$ 250,000\\\\5x=\$250,000\\\\x=\frac{250000}{5}\\\\x=\$50,000[/tex]

So,

[tex]\text{Lisa's share} = 2\times 50000=\$100000\\\\\text{Mike's share }= 3\times 50000=\$150000[/tex]

Hence, Lisa earns $100,000adn

Mike earns $150,000