If a Stone Cutter Has $\frac { 3 } { 4 }$

question 145

Short Answer

If a stone cutter has $\frac { 3 } { 4 }$ of an ounce of a precious stone and it takes $\frac { 1 } { 8 }$ ounce of that stone to make one ring. How many rings can the stone cutter make from the precious stone that he has?

---

Definitions:

Invested Assets

Assets that have been allocated to investments, such as stocks, bonds, or real estate, with the expectation of earning a return.

Minimum Acceptable

The lowest or least satisfactory condition or performance level that is considered adequate or permissible.

Income From Operations

This is a measure of the profit made from a business's core operations, excluding revenues and expenses from non-operational activities.

Invested Assets

Funds or resources that have been allocated into various types of investments, such as stocks, bonds, or real estate, with the expectation of generating income or profit.