The ratio of Alice’s contribution to Bello’s contribution was
3:8.
This means that for every $3+$8=$11 contributed to starting the
business, Bello contributed 8,andsoBellocontributed118$ of the cost of starting the
new business.
If the cost of starting the new business was $9240, then Bello’s
contribution to this cost was 118×$9240=$6720.
The ratio of Alice’s share of the first year profits to Bello’s
share was 3:8.
This means that for every $3+$8=$11 of profit in the first year,
Alice’s share was $3.
Let the first year profit be $P.
Since Alice’s share of the first year profit was 1881,then113× P=1881orP=31881×11,andsoP=320691=6897$.
The total profit of the business for the first year was $6897.
The ratio of Alice’s share of the second year profits to Bello’s
share was 3:(8+x).
This means that for every $3+$(8+x)=$(11+x) of profit in the
second year, Bello’s share was (8+x)$.
Since Bello’s share of the second year profit was $5440, and the profit
that year was 6400,then(11+x)(8+x)×
6400=5440$.
Solving this equation, we get ENV0 and so x=9x=9x=9.