Question

Julie and Kristen are partners in a local sporting good store. They needed $51,000 to start the

business. They invested in the ratio of 3:10 respectively. How much money did each invest?
What percent is owned by Kristen?

Answer 1

We would need to set up a ratio or proportion.
3/10=x/51000
X=15,300, Julie
51,000-15,300
35,700, Kristen
70% is owned by Kristen

Answer 2

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