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Four partners, A,B,C,D, invest in the ratio of 5:3:3:1 in their firm. If partner

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Four partners, A,B,C,D, invest in the ratio of 5:3:3:1 in their firm. If partner A invests $20,000, what is the total invested?

Oct 19th, 2014

Portion of A investment =  total investment x 5/(5+3+3+1)

20,000 = total investment x 5/12

Total investment = 20,000 x 12/5 = $48,000

Oct 19th, 2014

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Oct 19th, 2014
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Oct 19th, 2014
Jun 26th, 2017
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