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$480 is divided between Steve and Sam in the ratio of 7:5.How much more does Steve receive than Sam?

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CALCUTATING MONEY BY RATIO

Question: $480 is divided between Steve and Sam in the ratio of 7:5.How much more does Steve receive than Sam?

We must first ascertain the total number of components in the ratio in order to calculate how much more Steve receives than Sam when $480 is split between them in a 7:5 ratio.

A. The total number of parts in the ratio of 7:5 is 7 + 5 = 12.

Steve's share per part = $480 / 12 parts = $40 per part

Sam's share per part = $480 / 12 parts = $40 per part

Steve's share = 7 parts × $40 = $280

Sam's share = 5 parts × $40 = $200

Difference = Steve's share - Sam's share

Difference = $280 - $200

Difference = $80

Therefore, Steve receives $80 more than Sam when $480 is divided between them in the ratio of 7:5.