The owners of Expo Company John Smith and Susan Jones invested $240,000 and $160,000 into the business respectively. What percen

Question

melisa1

3 months ago

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The owners of Expo Company John Smith and Susan Jones invested $240,000 and $160,000 into the business respectively. What percen

tage of the business does Susan own?

Mathematics

1 answer:

tester [12.3K] · Answer 1 · 2026-02-19T14:33:31+03:00

Answer:

40%

Detailed solution:

John Smith and Susan Jones have contributed $240,000 and $160,000 respectively toward Expo Company. We are tasked with determining the proportion of the business owned by Susan.

First, calculate the total investment by summing both contributions.

$\text{Total money invested in business}=\$240,000+\$160,000$

$\text{Total money invested in business}=\$400,000$

Next, find what percentage $160,000 is of the total $400,000.

$\text{Percentage of business Susan own}=\frac{160,000}{400,000}\times 100$

$\text{Percentage of business Susan own}=0.4\times 100$

$\text{Percentage of business Susan own}=40$

Thus, Susan's share in the company is 40%.

The owners of Expo Company John Smith and Susan Jones invested $240,000 and $160,000 into the business respectively. What percen

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