Mark and Janet buy gold coins costing R435 000 . Mark Rontributes R163 125 an Janet contributes the balance. How miny coins should each reeme based on th3 ratio split if there are 24 coins altogethet?
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The Deep Dive
To find out how many coins each should receive, we start by determining how much Janet contributed. If Mark paid R163,125, then Janet’s contribution is R435,000 - R163,125 = R271,875. Now, let’s find the ratio of their contributions: Mark's ratio is R163,125/(R163,125 + R271,875) = 0.375 and Janet's is R271,875/(R163,125 + R271,875) = 0.625. Now, we can apply the ratio to the total coins. Mark should receive 0.375 * 24 = 9 coins and Janet should receive 0.625 * 24 = 15 coins. So, Mark gets 9 coins and Janet gets 15 coins! 🌟💰