Showing posts with label ratios. Show all posts
Showing posts with label ratios. Show all posts

Wednesday, December 17, 2014

Shares

Sharing can be so difficult, especially when it isn't 50:50. Does this question look familiar?


Chris and Pat paint a house. Chris works for 5 hours and Pat works for 3. They are paid $240.00. How much should each get paid?

Of course Pat would say $120.00 but that is not the answer. 

The key to solving is looking at the 2 numbers that AREN'T the total - in this case the 5 and 3. These are the "shares", and they add up to 8. 

If you divide the $240.00 by 8, you will get $30.00. Each share is worth $30.00. Chris worked 5 shares, so will be paid 
$30.00 x 5 - $150.00. 

Pat worked 3 shares, so will be paid $30.00 x 3 - $90.00. 

If you add $150.00 and $90.00, you will get $240.00

Note! Be careful with these types of questions on multiple choice tests. The question might ask, "How much more does Chris earn than Pat?" or something similar.