Gary invests $11,200 in a partnership that has 3 other partners. the total investment of all four partners together is $70,000. what percent of the business does Gary own?

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DBoyer asked Sep 27, 2023

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Gary invests $11,200 in a partnership that has 3 other partners. the total investment of all four partners together is $70,000. what percent of the business does Gary own?

Mathematics
college

DBoyer asked Sep 27, 2023

by DBoyer

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24 votes

Answer:

16%

Explanation:

$70, 000 represents 100% . we therefore calculate the percentage represented by $ 11, 200

(11,200/70,000) × 100%

= 16%

Ladawn answered Oct 1, 2023

by Ladawn

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