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18 September, 15:00

Three partners are investing a total of 250,000 in a new cell phone repair shop. their investments are in the ratio of 3:5:12. how much did each invest

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  1. 18 September, 18:16
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    37,500, 62,500 and 150,000

    Explanation:

    Expressing each partners' contributions as a fraction of their total contribution: The total of their ratio becomes the denominator: 3 + 5+12 = 20

    First partner = 3/20 x 250,000

    =0.15 x 250,000

    =37,500

    Second partner=5/20 x 250,000

    =0.25x250,000

    =62,500

    Third partner=12/20x250,000

    =0.6 x 250 000

    = 150,000
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