Three friends, A,B and C, formed a partnership and invested in the ratio of 4:1:5, respectively. They agreed to share the profit in the ratio of their investment. A invested $6,700. B. If partnership made a profit of $150,000 in the first year, calculate each partner’s share of the profit. c. In the second year, if A made a profit of $58,000 from the partnership, how much did b and C make?
The total ratio representing the partnership investment is 4+1+5 = <<4+1+5=10>>10
Since A invested $6,700, A's profit share is 4/10*$150,000 = $<<4/10*150000=60000>>60000
The total profit shared by the partnership is $150,000.
From this profit share, A received $60,000, meaning the profit received by B and C is $150,000-$60,000 = $<<150000-60000=90000>>90000
If the ratio representing the profit share received by B and C is 1:5, their total profit share is 6/10*$90,000 = $<<6/10*90000=54000>>54000
Since the ratio representing the profit share received by B and C is 1+5 = 6
The profit share of B is 1/6*$54,000 = $<<1/6*54000=9000>>9000
The profit share of C is 5/6*$54,000 = $<<5/6*54000=45000>>45000
The total profit shared by the partnership in the second year is $58,000
If the profit shared by A is $58,000, the profit shared by B and C is $150,000-$58,000 = $<<150000-58000=92000>>92000
The ratio representing the profit share of B and C based on the total profit share is 1:5 which is equivalent to 1/6*92000 = $<<1/6*92000=15333.333333333334>>15333.33
The profit share of B is 1/6*$92,000 = $<<1/6*92000=15333.333333333334>>15333.33
The profit share of C is 5/6*$92,000 = $<<5/6*92000=76666.66666666667>>76666.67. Answer: \boxed{9000,45000}.