The amount each boy gets which is a fraction of the profit of $237.52 are;
Jeremy gets $79.17[tex]\overline{3}[/tex]
Jerome gets $79.17[tex]\overline{}3[/tex]
A fraction is the representation of a valiue in the form of a quotient that has a numerator and a denominator.
The amount of profit made by Jeremy and Jerome = $237.52
The number of ways the profit is split = 3 ways
The fraction of the profit that Jeremy receives = A third = 1/3 of the profit
The proportion of the profit Jerome receives = A third = 1/3 of the profit
The amount of money each boy receives is therefore;
Amount Jeremy receives = (1/3) × Total amount of profit
Therefore;
The amount of money Jeremy receives = (1/3) × 237.52 = 79.17[tex]\overline 3[/tex]
The amount Jeremy receives is therefore; $79.17[tex]\overline{3}[/tex]
The amount of money Jerome receives = (1/3) × Amount of profit made
Therefore;
The amount Jerome receives = (1/3) × 237.52 = 79.17[tex]\overline {3}[/tex]
Jerome receives $79.17[tex]\overline{3}[/tex]
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