Question

Three partners are investing a total of 1,200,000 in a new restaurant their investments are in the ratio of 6:8:11. How much did each invest

Answer 1

Answer: See below in bold,

Explanation:

The number of parts of the total is 6 + 8 + 11 = 25.

So the first partner invested 6 * 1,200,000 / 25 = 288,000.

The second partner : 8* 1200000 / 25 = 384,000.

The third partner: 11 * 1200000 / 25 = 528,000.

Answer 2

One partner invested $288,000, another invested $384,000, and the other invested $528,000.

Explanation:

As the three partners invested in a ratio of 6:8:11, and the total investment was worth $1,200,000, in order to know the total amount each partner invested we have to do the following calculation:

1,200,000 = 6:8:11 = total investment

1,200,000 = 6+8+11

1,200,000 = 25

1,200,000 / 25 = 1/25 total investment

48,000 = 1/25 total investment

Partner A: 48,000 x 6 = 288,000

Partner B: 48,000 x 8 = 384,000

Partner C: 48,000 x 11 = 528,000

Therefore, one partner invested $288,000, another invested $384,000, and the other invested $528,000.