Esi:Kofi = 2:5

NOTE: The respectively means the ratios are in the order the names where mentioned

Esi's ratio = 2

Kofi's ratio = 5

Sum of ratios = 2+5 = 7

Esi's amount = 2 x 3000 = 6000

Kofi's amount = 5 x 3000 = 15000

To calculate how much more Kofi received than Esi, you simply subtract Esi's amount from Kofi's amount

Amount received more by Kofi than Esi = Kofi's Amount - Esi's Amount

Amount received more by Kofi than Esi = 1500 - 6000 = 9000

Kofi received GH₵ 9,000.00 more than Esi

ALTERNATIVELY

Find how much more ratio Kofi received than Esi and calculate the amount for that ratio

Kof's ratio more than Esi = 5 - 2 = 3

Amount received more by Kofi than Esi = 3 x 3000 = 9000

Kofi received GH₵ 9,000.00 more than Esi

Note:Respectively means the order of amount follows the order of names mentioned.

Joyce' contribution = GH₵ 10,000.00

Richard's contribution = GH₵ 5,000.00

Ratio of contribution = GH₵ 10,000.00 : GH₵ 5,000.00

Simplify:

Ratio of contribution = 2 : 1

Note: 5000 goes into 10,000 twice and 5000 goes into 5000 once.

Profit = GH₵ 9,000.00

One-third means $\frac{1}{3}$ and of means multiplication

Richard's payment as a manager is one-third of the profit

Richard's payment as a manager = $\frac{1}{3}$ x GH₵ 9,000.00 = GH₵ 3,000.00

Remaining profit = GH₵ 9,000.00 - GH₵ 3,000.00 = GH₵ 6,000.00