Three insurance companies have insured a building in the ratio 1/2 to 1/3 to 2/5. How much

Question:

Three insurance companies have insured a building in the ratio 1/2 to 1/3 to 2/5. How much of a fire loss of $185 000 should each company pay?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

Question Posted: