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Answer :
Final answer:
B's investment is $10,500.
Explanation:
To find B's investment, we need to understand the ratio of profit between A and B. The ratio given is 2:3. This means that for every $2 of profit A makes, B makes $3 of profit.
A invests $7000 in the starting period. Let's assume that A's profit is x. So, B's profit will be 1.5x (since 3 is 1.5 times 2).
Since the ratio of their profits is equal to the ratio of their investments, we can set up the following equation:
7000 / x = B's investment / 1.5x
Cross multiplying, we get:
7000 * 1.5x = B's investment * x
10500x = B's investment * x
10500 = B's investment
Therefore, B's investment is $10,500.
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