Steve and Elizabeth Decide to Become Partners in a Children's

question 29

Multiple Choice

Steve and Elizabeth decide to become partners in a children's cooking school.They need $80,000 for the franchise.They invest in a 3:4 ratio,respectively.About what percent of the business is owned by Elizabeth?

• A) 34%
• B) 43%
• C) 57%
• D) 80%

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Definitions:

Numerator

The top part of a fraction, representing the number of parts out of the whole indicated by the denominator.

Denominator

The number below the line in a fraction, representing the total number of equal parts the numerator is divided into.

Add fractions

The process of combining fractions by finding a common denominator and then summing the numerators to create a single fraction.

Multiply

To increase or combine quantities through the mathematical operation of multiplication.