A new yarn shop wants to apportion their investment money ($90,000) in the ratio of 7:8:10. How much money does each category get?

Question

please give detailed explanation

Answer 1

Hello, thank you for taking the time to post your question!

If the underlying ratio here is 7:8:10 that means that there are 25 total parts, so each part is worth $90,000 / 25 = $3600

From there then you can just multiply by the ratio values

First category: 7 x $3,600 = $25,200

Second category: 8 x $3,600 = $28,800

Third category: 10 x $3,600 = $36,000

So that value represents how much money each category gets

I hope that helps get you moving in the right direction! Feel free to reach out if you have any additional questions beyond that :)

Answer 2

If you divide the $90000 into 7+8+10=25 parts, each of 90000/25=3600, the amounts are

7×3600=25200

8×3600=28800

10×3600=36000