Ryan owns three-eighths of a florist shop worth $76,000. What percent of the partnership does he own? Secondly, What is the value of Ryan's share of the business?

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Answer:

When it comes to word problems the word "OF" signifies multiplication.  Such as "Pam had 3 sets of coasters, each set had 4 coasters...  3 sets of 4 would be 3(4) = 12 coasters...

 

For this problem we have "three-eighths of $76,000" = (3/8)(76000) = $28,500