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17 Jan 2016, 12:03
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B
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Difficulty:
25%
(medium)
Question Stats:
83% (02:12) correct
17%
(02:33)
wrong
based on 115
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Three business people wish to invest in a new company. Each person is willing to pay one third of the total investment. After careful calculations, they realize that each of them would pay $7,200 less if they could find two more equal investors. How much is the total investment in the new business?
A. $64,000
B. $54,000
C. $21,000
D. $ 5,400
E. $ 3,600
A. $64,000
B. $54,000
C. $21,000
D. $ 5,400
E. $ 3,600
17 Jan 2016, 16:21
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Total Investment between 5: (x/5)
Total investment including 7200 less between 3 people" (x-(7200*3))/3
Sent both eq. equal to eachother.
54,000
Total investment including 7200 less between 3 people" (x-(7200*3))/3
Sent both eq. equal to eachother.
54,000
17 Jan 2016, 20:08
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Bunuel
Hi,
another way to do it..
3 of them are paying 7200 less
total 7200*3=21,600...
this is going to be paid by the 2 new persons..
so each pays= 21600/2=10,800..
total=10,800*5= 54000
B
