Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A.3 (a) Four friends Ali, Ahmed, Mohammed and Salim started a new part-time business. They decided to share the profits in the ratio of the

image text in transcribed

A.3 (a) Four friends Ali, Ahmed, Mohammed and Salim started a new part-time business. They decided to share the profits in the ratio of the number of hours that each worked. During the first month, Ali worked 20 hours, Ahmed 10 hours, Mohammed 40 hours and Salim 30 hours. Express in the lowest terms the ratio of the time that they worked during the first month. [1.5 Mark] m) Ali, Ahmed, Mohammed and Salim share their first month profit OMR 6000 in the ratio of 2:1:4:3. How much money does Ali, Ahmed and Mohammed receive? (1.5 Mark]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Level Audit Q And A 2014

Authors: ACA Simplified

1st Edition

1500852538, 978-1500852535

More Books

Students also viewed these Accounting questions