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Avril invested 60,000 in a partnership with Lane, Jules, Ray, Ravi, and Petra. The total investment of all partners was $320,000. What percent of the business does avril own?

Respuesta :

sam4040

Answer:

[tex]Percentage\ of\ Avril=18.75\%[/tex]

Step-by-step explanation:

Concept Used: Percentage: [tex]x\ amount\ of\ y.\ Percentage=\frac{x}{y}\times 100[/tex]

[tex]Total\ investment=\$320000\\\\Avril's\ Investment=\$60000\\\\Percentage\ of\ Avril=\frac{Avril's\ investment}{Total\ investment}\times 100\\\\Percentage\ of\ Avril=\frac{60000}{320000}\times 100\\\\Percentage\ of\ Avril=\frac{60000}{3200}\\\\Percentage\ of\ Avril=18.75\%[/tex]

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