SOLUTION: If 1 business partner invests $2000.00 and the other partner invest $67000.00 and when they sell the business they get $50,000 what amount do they share among themselves.
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Question 741160: If 1 business partner invests $2000.00 and the other partner invest $67000.00 and when they sell the business they get $50,000 what amount do they share among themselves. Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! If 1 business partner invests $2000.00 and the other partner invest $67000.00 and when they sell the business they get $50,000 what amount do they share among themselves.
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Equation:
2000x + 67000x = 50000
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69000x = 50000
x = 0.7246
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One partner gets 2000*0.7246 = $1449.28
Other partner gets 67000*0.7246 = $26,811.59
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Cheers,
Stan H.
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