You and three friends own a paint shop. The shop's profit was $536 in the first month. You always divide the profits equally. In two months, each of you had made $224. How much profit did the shop make in the second month?

Verified Answer :

Step 1

Find the profit in two months

Multiply the total amount made by the whole group in two months (\(\$224\)) by the total number of persons (\(4\))

\(4*\$224=\$896\)

Step 2

Find the profit of the shop in the second month

we know that

\(Total\ profit\ in\ two\ months=Profit\ first\ month\ +\ Profit\ second\ month\)

so

\(Profit\ second\ month=Total\ profit\ in\ two\ months-Profit\ first\ month\)

substitute the values

\(Profit\ second\ month=\$896-\$536=\$360\)

therefore

the answer is

\(\$360\)

Answer:

Step-by-step explanation:

360