Question

Two partners each invest 35% in a startup business. They need to find another investor for the rest of the money. What percent of the business will that person own? Write a ratio to represent the investments in the business.

Answer 1

The third investor will own 30% of the business. The ratio to represent the investments in the business is 35:35:30.

Step-by-step explanation:

To find out what percent of the business the third investor will own, we need to subtract the combined percentage ownership of the first two partners from 100%. Since each partner owns 35% of the business, the total percentage ownership of the first two partners is 35% + 35% = 70%. Therefore, the third investor will own 100% - 70% = 30% of the business.

To write a ratio to represent the investments in the business, we can use the following format: First partner's investment: Second partner's investment: Third investor's investment. Since each partner invests 35% in the business, the ratio would be 35:35:30.