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An estate valued at $75,000 is divided among three daughters. In the ratio 5:8:2 respectively. Calculate the amount each receives
If the ratio is 5:8:2, then we have altogether 15 parts of the value (because 5 + 8 + 2 = 15). First of all we need to find out how much is one part of the value, so we have to divide $75,000 by 15.
$75,000 ÷ 15 = $5000
The first daughter will get 5 * $5,000 = $25,000 The second daughter will get 8 * $5,000 = $40,000 The third daughter will get 2 * $5,000 = $10,000
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