LAB8.

Question 1

Three friends, A, B, and C, start a business with investments in the ratio of 4 : 3 : 5, respectively. A invested $11,800, and all three of them agree to share profits in the ratio of their investments.

a.Calculate C's investment

Round to the nearest cent

b.If A's profit was $40,000 in the first year, calculate B's profit.

Round to the nearest cent

Question 2

Reduce the following ratio to lowest terms:

28 : 32

__:__?

Question 3

Determine the missing terms in the following proportion.

k:p:3=30:18:6

p=

k=

Question 4

Jordan donated $30.00 to a charity organization. Jordan and Jason donated to the same charity in the ratio 2 : 8. How much did Jason donate?

Round to the nearest cent

Question 5

Jordan and Jason earned hourly wages in the ratio 2 : 3. If Jordan earned $17.00 per hour, how much did Jason earn?

Round to the nearest cent