Please help with 6-38 and give explanation on how you did it
1 answer:
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Given:
A man owns 3/4 of the share of a business and sells 1/3 of his shares for Bir 10,000.
To find:
The value of the business in Bir.
Solution:
Let x be the value of the business.
It is given that a man owns 3/4 of the share of a business and sells 1/3 of his shares for Bir 10,000.
Multiply both sides by 4.
Therefore, the value of the business is 40,000 Bir.