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A man owns 2/3 of a computer service buroue business and
sells 3/4 of his share for $75000.What is the value of the
business?
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Answer Posted / shaminder
2/3 =66% of business
3/4 of 66%
i.e 75% of 66% business he sells for i.e 66 * 75/100 = 49.5
% for $75000
49.5 for 75000
1% for 75000/49.5 = $1515.15
remaining 25% i.e 1/4th
66 * 25 /100 = 16.5% business is what he left with
ANS 1515.15 * 16.5% = $25000.
| Is This Answer Correct ? | 0 Yes | 6 No |
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