Mark and Janet buy gold coins costing R435 000 . Mark Rontributes R163 125 an
Janet contributes the balance. How miny coins should each reeme based on th3
ratio split if there are 24 coins altogethet?

Question

Mark and Janet buy gold coins costing R435 000 . Mark Rontributes R163 125 an Janet contributes the balance. How miny coins should each reeme based on th3 ratio split if there are 24 coins altogethet?

UpStudy AI · Accepted Answer

To determine how many gold coins Mark and Janet should each receive based on their contributions, follow these steps:

1. **Calculate Janet's Contribution:**
   
   $$
   \text{Total Cost} = R435,000
   $$
   $$
   \text{Mark's Contribution} = R163,125
   $$
   $$
   \text{Janet's Contribution} = R435,000 - R163,125 = R271,875
   $$

2. **Determine the Contribution Ratios:**
   
   $$
   \text{Mark's Ratio} = \frac{R163,125}{R435,000} = 0.375
   $$
   $$
   \text{Janet's Ratio} = \frac{R271,875}{R435,000} = 0.625
   $$

3. **Allocate the Coins Based on Ratios:**
   
   There are **24 coins** in total.
   
   $$
   \text{Mark's Coins} = 0.375 \times 24 = 9 \text{ coins}
   $$
   $$
   \text{Janet's Coins} = 0.625 \times 24 = 15 \text{ coins}
   $$

**Final Distribution:**
- **Mark receives 9 coins.**
- **Janet receives 15 coins.**
Mark gets 9 coins and Janet gets 15 coins.

Mark and Janet buy gold coins costing R435 000 . Mark Rontributes R163 125 an
Janet contributes the balance. How miny coins should each reeme based on th3
ratio split if there are 24 coins altogethet?

Upstudy AI Solution

Answer

Solution

The Deep Dive

Related Questions

Latest Arithmetic Questions