Question

Brian, Steve, and Rita invested a total of $24,000 in a business. Each person invested the same amount. Unfortunately, in the first quarter they suffered a loss of $4,500, which they shared equally. By what amount has each individual investment changed due to the loss?

a-$8,000
b-$3,500
c-$1,500
d+$1,500
I would appreciate it anyone willing to help me asap I'm am stuck on the question :)

Answer 1

C:$-1,500

Explanation:

Answer 2

Given:
total investment of 3 partners is $24,000.

24,000 / 3 = 8,000 each partner

loss of 4,500 shouldered by all partners

4,500 / 3 = 1,500

Each partner shoulders a loss of 1,500. Choice C. - 1,500

A loss is a decrease from investments. A profit is an increase in investment.