# 60/40 Split Money Calculator

## 60/40 Split Money Calculator

The 60/40 split money calculator is a simple yet powerful finance tool which helps you to split the amount in the 60:40 ratio. The 60/40 split money calculator can be used in a wide variety of scenarios ranging from splitting the money to pay the restaurant bill to splitting the money to pay the rent.

This 60/40 split money calculator will help you split the money in the 60:40 ratio within a fraction of a second.

## What is a 60/40 Split?

A 60/40 split refers to a property or money settlement in which one party gets the 60% of the total asset, while the other party receives the 40%.

## How to Calculate the 60/40 Split?

To split the amount in 60/40 between two persons, we use the following mathematical formula:

First Person (60%) = 60% of the Total Amount

Second Person (40%) = 40% of the Total Amount

Example 1: Calculate the 60/40 split between Michael and John if the total amount is \$1500.

Total amount = \$1500

Michael’s Part = 60% of \$1500 => (60 x \$1500)/100 => \$900

John’s Part = 40% of \$1500 => (40 x \$1500)/100 => \$600

Therefore, Michael Amount = \$900 and John Amount = \$600.