Robi and Rudy contributed money to start a business that could earn them profit. Robi contributed $4000, and Rudy contributed 1/4 more money than Robi. If they made a profit of 20 percent of the total amount and decided to share the profits equally, calculate the amount of money each got. Give me reasons, before answering the question
If Robi contributed $4000, then Rudy contributed 1 / 4 * 4000 = $1000 more. The total amount of money Rudy contributed is $4000 + $1000 = $5000. Together, the contributed a total of $5000 + $4000 = $9000. They made a 20% profit, a total of 20 / 100 * $9000 = $1800. When they decided to share the profit equally, each received $1800 / 2 = $900. So the final answer is 900.