• Three business people start a franchise as partners.  Fred contributes $44,000, Bill contributes $33,000, and Jasmine contributes $23,000.  Use ratios (in lowest terms) to compare:
  • (a)   Fred’s contribution to Bill’s contribution

    (b)   Fred’s contribution to the overall total contribution of all three partners.

    (c)    Jasmine’s contribution to the total of the other two partners

    Expert Answers

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    Three business people start a franchise as partners. Fred contributes $44000, Bill contributes $33000, and Jasmine contributes $23000. 

    The ratio of Fred’s contribution to Bill’s contribution is `44000/33000` = 4:3

    The ratio of Fred’s contribution to the overall total contribution of all three partners is `44000/(44000 + 33000+23000)` = 11:25

    The ratio of Jasmine’s contribution to the total of the other two partners is `23000/(33000+44000)` = 23:77

    Approved by eNotes Editorial Team

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