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.
How much more money did Rudy contribute than Robi? ** If Robi contributed $4000, then Rudy contributed 1/4*4000 = $1000 more.
How much money did Rudy contribute? ** The total amount of money Rudy contributed is $4000+$1000 = $<<4000+1000=5000>>5000
How much money did Robi and Rudy contribute together? ** Together, the contributed a total of $5000+$4000 = $<<5000+4000=9000>>9000
How much profit did they make? ** They made a 20% profit, a total of 20/100*$9000 = $<<20/100*9000=1800>>1800
How much money did each receive? ** When they decided to share the profit equally, each received $1800/2 = $<<1800/2=900>>900
#### 900