If you sold 30% of a business for 500 dollars how much is the bussnis worth

Shmwel asked Apr 3, 2023

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40 votes

Shmwel asked Apr 3, 2023

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25 votes

Answer: $850

Explanation:

Take 500 divided by 100% = $5

So we know that 1% is $5

We already know 30% is $500, so we find the 70% missing

So we take 5 times 70 = $350

Then we take 500+350 = $850

So the business is worth $850

Meiamsome answered Apr 8, 2023

3.1k points

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