paznik13 paznik13

09-09-2018
Mathematics

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Clinton and Barbara are the partners in a local music shop. They needed $448,500 to start the business. They invested in the ratio of 11:12.

Respuesta :

09-09-2018

hey there!

Let us take the amount invested as ' x '

Ratio = 11:12

11x + 12x = 448500

23x = 448500

x = 448500 / 23

x = 19500

clinton = 11x

= 11 ( 19500 )

= $214,500

Barbara = 12x

= 12 ( 19500 )

= $234,000

Hope helps!

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