Please help me with the following question

Question

Tom and Jerry invest money in a landscaping business. Their contributions are $8750 and $1250 respectively. In the first year of trading their profits is $2475. If they share the profit in the same ratio as their contributions, how much profit does each receive?

Answer 1

Total contributions were 8750+1250 = 10,000

 

So Tom's 8750 was (8750/10000)*100 = 87.5% of the total, leaving Jerry with 12.5% of the total.

 

So they each get a matching % of the profit:

 

                Tom gets .875 * 2475 = $2165.62                 Jerry gets .125 * 2475 = $309.38