7000 $ was shared between three people.
The first person received 40% of the total, the second person received 15% of the total and the third person received the remainder.
How much money did they each receive?
To solve this problem, we'll follow these steps:
- Step 1: Determine how much the first person receives by calculating 40% of $7000.
- Step 2: Determine how much the second person receives by calculating 15% of $7000.
- Step 3: Calculate the amount the third person receives by finding the remainder after the first two allocations.
Let's proceed with each step:
Step 1: Calculate 40% of $7000. The formula to use is:
Amount=10040×7000=2800
Thus, the first person receives $2800.
Step 2: Calculate 15% of $7000. Using the same formula:
Amount=10015×7000=1050
Therefore, the second person receives $1050.
Step 3: Calculate the remaining amount for the third person:
Remainder=7000−(2800+1050)=3150
This means the third person receives $3150.
To confirm, the total $7000 is distributed correctly as 2800+1050+3150=7000.
Thus, the amount received by each person is:
- The first person received $2800.
- The second person received $1050.
- The third person received $3150.
Therefore, the correct solution is choice #3.
The first person received 2800 dollars: the second person received 1050 dollars and the third person received 3150 dollars.