How do we use ratios to figure out how much money to give to people of a lump sum?

Lets start with an example scenario:Two people are to receive a percentage of a £500 business sale. One receives 25% and the other receives 75%.
When using percentages we must remember that it means it is per 100. 25% is the same as 25/100.
The total amount of money is £500, which represents 100% of the money.
To calculate how much each person receives, we multiply the total amount of money by their percentage, remembering that the percentage means per 100.
25/100 x 500 = £125 75/100 x 500 = £375
To check that we have the right answer, we can add the two numbers together and it should equal the amount we started with.
£125 + £375 = £500
This is the amount we started with, meaning we (probably!) have the right answers!

Answered by Daniel C. Maths tutor

4756 Views

See similar Maths GCSE tutors

Related Maths GCSE answers

All answers ▸

3/5 of a number is 162. what is the number?


Make s the subject of the formula


Write 36 as a product of its prime factors


Solve algebraically the simultaneous equations x^2 +y^2 = 25, y – 3x = 13


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2025

Terms & Conditions|Privacy Policy
Cookie Preferences