Steve and Elizabeth decide to become partners in a children's cooking school.They need $80,000 for the franchise.They invest in a 3:4 ratio,respectively.About what percent of the business is owned by Elizabeth?

A) 34%
B) 43%
C) 57%
D) 80%

Question

Wilawan Palachum · Accepted Answer

Final Answer : C, Explanation :   Elizabeth's share is in a 4:7 ratio (4 parts out of a total of 7 parts, since 3 parts are for Steve and 4 parts for Elizabeth). To find the percentage, divide Elizabeth's part by the total parts and multiply by 100.   4 7 × 100 = 57 %  \frac{4}{7} 	imes 100 = 57\% 7 4 ​ × 100 = 57%  .

Steve and Elizabeth decide to become partners in a children's cooking school.They need $80,000 for the franchise.They invest in a 3:4 ratio,respectively.About what percent of the business is owned by Elizabeth?

A) 34%
B) 43%
C) 57%
D) 80%

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Learning Objectives

Related questions

Steve and Elizabeth decide to become partners in a children's cooking school.They need $80,000 for the franchise.They invest in a 3:4 ratio,respectively.About what percent of the business is owned by Elizabeth?A) 34%B) 43%C) 57%D) 80%

Definitions

Learning Objectives

Learning Objectives

Related questions

Steve and Elizabeth decide to become partners in a children's cooking school.They need $80,000 for the franchise.They invest in a 3:4 ratio,respectively.About what percent of the business is owned by Elizabeth?

A) 34%
B) 43%
C) 57%
D) 80%