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Post Info TOPIC: Ratio?


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Ratio?
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This is probably a really silly question but at this time of night my brain is probably frazzled and not thinking striaght

Share of profits 2:1 ratio

So 2/1 = 2 x 100 = 200%

This cant be right Ive got two partners and cant get the profit share right.

Can anyone advise, I will probably have it in the morning confuse



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Michelle


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Hi Michelle,

There are three shares (2+1). so the actual ratio's are 2/3*100 (66.6666r%) and 1/3 *100 (33.3333r%).

kind regards,

Shaun.



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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.



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Thank you Shaun,

Of course!!! Think I better toddle of to bed definitely frazzled brain

Thank you again

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Michelle


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no probs. I have days like that.

night Michelle,

Shaun.

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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.



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Or 100/3 then *2 and 100/3 then *1

everyday is a day like that for me lol.

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