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MMLU-Pro / 218 / Kirk and Martin are partners and have agreed that, after interest at 6% is…

Problem

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question

Kirk and Martin are partners and have agreed that, after interest at 6% is allowed on average investment, Kirk will receive one third and Martin two thirds of the remaining profits. On Jan. 1, Kirk's net worth was $72,000 and Martin's was $ 63,000. Kirk withdrew

3,000 on July 1 and made an additional investment of

1,200 on Nov, 1. On Aug. 1 Martin withdrew

1,800. If profits for the year amounted to

37,080, what was each partner's share?

Plain-text mathematical notation (without MathML)

Kirk and Martin are partners and have agreed that, after interest at 6% is allowed on average investment, Kirk will receive one third and Martin two thirds of the remaining profits. On Jan. 1, Kirk's net worth was $72,000 and Martin's was $63,000. Kirk withdrew 3,000onJuly1andmadeanadditionalinvestmentof1,200 on Nov, 1. On Aug. 1 Martin withdrew 1,800.Ifprofitsfortheyearamountedto37,080, what was each partner's share?

Original LaTeX notation

Kirk and Martin are partners and have agreed that, after interest at 6% is allowed on average investment, Kirk will receive one third and Martin two thirds of the remaining profits. On Jan. 1, Kirk's net worth was $72,000 and Martin's was $63,000. Kirk withdrew $3,000 on July 1 and made an additional investment of $1,200 on Nov, 1. On Aug. 1 Martin withdrew $1,800. If profits for the year amounted to $37,080, what was each partner's share?

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stemez-Business

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upstream_id / Original problem ID: 218
task_id: 85908fad-7299-5e55-9ee6-f1d2eb55b748
task_key: default--test--218
task_revision_id: 1
config / split: default / test

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