Question

The cabin is worth $730,000. John paid $468,475.00, Sissy paid $251,525.12.

Answer 1

Answer:

John owns 64% and Sissy owns 34%.

Step-by-step explanation:

To find the percent that each owns, divide how much they paid by the total cost of the cabin.

John: 468,475.00 ÷ 730,000 = 0.6417465753 = 64%

Sissy: 251,525.12 ÷ 730,000 = 0.3445549589 = 34%

John owns 64% of the cabin and Sissy owns 34%.

Answer 2

John owns 64.17 percent (rounded to 64%). Sissy owns 34.45 percent (rounded to 34% or 34.5%).