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2 February, 10:44

Three partners are investing a total of 1,200,000 in a new restaurant their investments are in the ratio of 6:8:11. How much did each invest

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  1. 2 February, 10:48
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    Answer: See below in bold,

    Step-by-step explanation:

    The number of parts of the total is 6 + 8 + 11 = 25.

    So the first partner invested 6 * 1,200,000 / 25 = 288,000.

    The second partner : 8 * 1200000 / 25 = 384,000.

    The third partner: 11 * 1200000 / 25 = 528,000.
  2. 2 February, 10:53
    0
    One partner invested $288,000, another invested $384,000, and the other invested $528,000.

    Step-by-step explanation:

    As the three partners invested in a ratio of 6:8:11, and the total investment was worth $1,200,000, in order to know the total amount each partner invested we have to do the following calculation:

    1,200,000 = 6:8:11 = total investment

    1,200,000 = 6+8+11

    1,200,000 = 25

    1,200,000 / 25 = 1/25 total investment

    48,000 = 1/25 total investment

    Partner A: 48,000 x 6 = 288,000

    Partner B: 48,000 x 8 = 384,000

    Partner C: 48,000 x 11 = 528,000

    Therefore, one partner invested $288,000, another invested $384,000, and the other invested $528,000.
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