Question

Jada and kama are partners in a house

selling business. they have a 4:7 split.
they originally paid $110, 000 total for
the business. it is worth 253, 000.
What is the % increase in the worth of
the business from the start to now?

Answer 1

Answer:The answer is 130 %

Explanation:

okay to find the increase in the worth it the same as finding the profit in the business, so for this let take

Initial payment to be $110,000

Final payment or balance = 253,000

using the formula % increase =
`( change in payment)/(Initial payment))*100`

we have ;
`((253,000-110,000))/(110,000)*100` = 1.3x100

= 130%