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Orlov [11]
3 years ago
7

Brian, Steve, and Rita invested a total of $24,000 in a business. Each person invested the same amount. Unfortunately, in the fi

rst quarter they suffered a loss of $4,500, which they shared equally. By what amount has each individual investment changed due to the loss?
Mathematics
2 answers:
Svetradugi [14.3K]3 years ago
4 0
Well 24000 divided by 3 is 8000 so that is how much they each put in, then they lost a total of 4500 which divided is 1500 so each they went down to 6500 invested.
Svetradugi [14.3K]3 years ago
4 0

Answer:

$1500.

Step-by-step explanation:

We have been given that Brian, Steve, and Rita invested a total of $24,000 in a business. Unfortunately, in the first quarter they suffered a loss of $4,500,which they shared equally.

To solve our given problem, we will divide total loss by 3 as there are 3 persons in all.

\text{Each individual's investment changed due to the loss}=\frac{\$4500}{3}

\text{Each individual's investment changed due to the loss}=\$1500

Therefore, each individual's investment changed due to the loss by $1500.

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The money Rachael plan to collect for the shelter is <u>$345</u>.

Step-by-step explanation:

<u><em>There are some data missing in the question, so below is the complete question:</em></u>

Rachel is collecting donations for the local animal shelter. So far she has collected $245, which is 70% of what she hopes to collect. How much money does Rachel plan to collect for the shelter?

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\huge\mathrm{Answer࿐}

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