Asked by yasmine harper on Apr 28, 2024
Verified
Kristina, Larissa, and Marika invested $50,000, $80,000 and $100,000 respectively in a fashion retail business. They decided to expand the store and needed an extra $75,000. How much of the $75,000 should each invest in order to maintain the same proportion?
Fashion Retail Business
A commercial enterprise specializing in the sale of clothing and accessories to consumers.
Same Proportion
A principle where two quantities increase or decrease at the same rate, maintaining the same relationship.
- Employ the concepts of ratio and proportion for dividing earnings and investing in partnerships.
Verified Answer
DH
Learning Objectives
- Employ the concepts of ratio and proportion for dividing earnings and investing in partnerships.
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