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Ryan owns five-eighths of a florist shop worth $96,000. What is the value of Ryan's share of the business?

2 Answers

4 votes

Answer:

it would be 60,000

Explanation:


User Soju Tom
by
4.6k points
1 vote

For this case we have that if Ryan owns
\frac {5} {8} of a florist that is worth $ 96,000, then:


\frac {5} {8} * 96,000 = $ 60,000

Then Ryan owns a value of $ 60,000.

If we want to know the percentage, we make a rule of three:

$ 90,000 ------------> 100%

$ 60,000 ------------> x


x = \frac {60,000 * 100} {90,000}\\x = 66.67%

Then Ryan owns almost 67% of the florist shop.

Answer:

$ 60,000

66.67%


User Shivam Chauhan
by
4.6k points