Question

Gary invests $11,200 in a partnership that has 3 other partners. the total investment of all four partners together is $70,000. what percent of the business does Gary own?​

Answer 1

16%

Explanation:

$70, 000 represents 100% . we therefore calculate the percentage represented by $ 11, 200

(11,200/70,000) × 100%

= 16%