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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 66
Solve this application problems.
OIL PROFITS The two partners in Alamo Energy agreed to split profits in a ratio of 3:8. If the first partner received $48,000 in profits one year, find the profit earned by the second partner. _____
OIL PROFITS The two partners in Alamo Energy agreed to split profits in a ratio of 3:8. If the first partner received $48,000 in profits one year, find the profit earned by the second partner. _____
Explanation
Verified
Verified
Let 
be the profit for the sec...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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