Question

A contestant asks for 200,000 for 25% of their business, what value have they placed on their entire company?

Answer 1

$800,000

Step-by-step explanation:

25% of the business is equal to 200,000, according to the contestants.

The entire company value is equivalent to 100%

25% = 200,000

100% = ?

100% = 200,000/25 x 100

=$8,000 x 100

=$800,000