document.write( "Question 636619: julie and kristen are the partners in a local sporting good shop . they needed $51,000 to start the buisness. they invested in the ratio 5:12 respectively. what percent of the business was owned by Kristen ? if the business grows to $3,000,000 what percent of it will julie own ? \n" ); document.write( "
Algebra.Com's Answer #401136 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! julie and kristen are the partners in a local sporting good shop . they needed $51,000 to start the buisness. they invested in the ratio 5:12 respectively. what percent of the business was owned by Kristen ? if the business grows to $3,000,000 what percent of it will julie own ? \n" ); document.write( "---- \n" ); document.write( "5:12 is the same as 5x:12x where Kristen's share is 12x \n" ); document.write( "--- \n" ); document.write( "Julie's percentage = 5x/17x = 5/17 = 29.4% \n" ); document.write( "--- \n" ); document.write( "Kristen's percentage = 12x/17x = 12/17 = 70.6% \n" ); document.write( "========================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "========================== \n" ); document.write( " |