How to divide certain amount proportionately to unequal numbers

Question

If I have $ 2000 which I need to divide 5 employees of different rank, how should I do that?

 

Answer 1

Many people think in terms of percentages (that total 100%).  For example,

   Person 1   20%

   Person 2   20%

   Person 3   25%

   Person 4   18%

   Person 5   17%

 --------------------

   Total        100%

 

For a total of $2000:

   Person 1   20%    means (20/100)*($2000) = $400

      Note:  you may write 20% as (20/100) or 0.20 as needed by the problem.

 

(You know how to complete the list.)

Answer 2

Decide on a basic fraction for each individual, based on whatever criteria you choose. Select five fractions that add up to 1.  Example: 3/10, 1/5, 1/5, 1/5 and then 1/10.