Question

Three partners are investing a total of 250,000 in a new cell phone repair shop.their investments are in the ratio of 3:5:12.how much did each invest

Answer 1

37,500, 62,500 and 150,000

Step-by-step explanation:

Expressing each partners' contributions as a fraction of their total contribution: The total of their ratio becomes the denominator: 3 +5+12= 20

First partner = 3/20 x 250,000

=0.15 x 250,000

=37,500

Second partner=5/20 x 250,000

=0.25x250,000

=62,500

Third partner=12/20x250,000

=0.6 x 250 000

= 150,000