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Kyle invests $20,000 in a partnership that has five other partners.
The total investment of the partners is $160,000. What percent of the
business is owned by the five other partners?

Respuesta :

piggysue
If Kyle has invested $20,000 of the total $160,000 invested, that means the other give investors invested $140,000. Divide the about they invested by the total amount invested, and you will get .875. That is equal to 87.5%. The five investors own 87.5% of the business.

The percentage of the business that is owned by the five other partners is 87.5%.

Amount invested by Kyle = $20000

Total investment of the partners = $160000

The percentage of the business that is owned by the five other partners will be:

= ($160000 - $20000) / $160000 × 100

= $140000/$160000 × 100

= 87.5%

Therefore, the other partners have 87.5% of the investment.

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