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Leanne invested $85,000 in a partnership with Pete. The total investment of both partners was $340,000. What percent of the business does Leanne own?
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Leanne invested $85,000 in a partnership with Pete. The total investment of both partners was $340,000. What percent of the business does Leanne own?

User Luis Lavieri
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1 Answer

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Answer: Leanne owns 25% of the business.

Explaination just in case they ask:

340,000-85,000=255,000

255,000/340,000 = 0.75

Which equals 75% that Pete has & 75% of 100% leaves 25% left.
User Eugene Shtoka
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