Two partners are starting a new business. The total investment is $52,000. Their investments are in the ratio 3:7. How much does each investor contribute?

Question

asked Dec 9, 2022 5.2k views

1 Answer

Croote · Answer 1 · 2022-12-15T05:54:23+0000

Answer:

One partner will pay $15600 and the other would pay $36400

Explanation:

52000 ÷ (3 + 7) =

52000 ÷ 10 =

5200

5200 x 3 = 15600

5200 x 7 = 36400