brian, steve, and rita invested in a total of$24,000 in a business. each person inveted the same amount. unfortantly in the first quarter they suffered a loss of 4,500, which they shared equally. By what amount has each individal investment changed due to the loss
Answers
Answered by
2
Answer:
$1500
Step-by-step explanation:
Given:
total investment of 3 partners is $24,000.
24,000 / 3 = 8,000 each partner
loss of 4,500 shouldered by all partners
4,500 / 3 = 1,500
Each partner shoulders a loss of 1,500. Choice C. - 1,500
A loss is a decrease from investments. A profit is an increase in investment.
Similar questions