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# Robert and Susan entered into a partnership. Robert is a

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Robert and Susan entered into a partnership. Robert is a [#permalink]

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13 Mar 2004, 16:21
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Robert and Susan entered into a partnership. Robert is a working partner who recieves 16.67% of the total profit for his services. The balance of the profit is split between the two partners in the ratio of their investments. Robert had invested $42,000 and recieved$6,120 totally and the company made a total profit of \$11,520, how much did Susan invest in the business?

36,000
54,000
37,000
84,000
None of the above
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Senior Manager
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13 Mar 2004, 17:58
54000

16.67% of 11,520 is 1920
Roberts totally get 6120
But his share of profit is 4200 for the 42000 investment
So, to get 5400 susan must have invested 54000
13 Mar 2004, 17:58
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