C and D invest in a business with C investing $7000 and D investing $3000. If th

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Question: C and D invest in a business with C investing $7000 and D investing $3000. If they incur a loss of $200, how much does C lose?

Options:

Correct Answer: $140

Solution:

Total investment = 7000 + 3000 = 10000. C\'s share of loss = (7000/10000) * 200 = $140.

C and D invest in a business with C investing $7000 and D investing $3000. If they incur a loss of $200, how much does C lose?

C and D invest in a business with C investing $7000 and D investing $3000. If they incur a loss of $200, how much does C lose?

Step 1: Identify the total investment by adding C's investment and D's investment. C invested $7000 and D invested $3000.
Step 2: Calculate the total investment: 7000 + 3000 = 10000.
Step 3: Determine the share of the loss for C. The total loss is $200.
Step 4: Calculate C's share of the loss by finding the ratio of C's investment to the total investment: 7000 / 10000.
Step 5: Multiply C's share of the loss by the total loss: (7000 / 10000) * 200.
Step 6: Calculate the result: 0.7 * 200 = 140.
Step 7: Conclude that C loses $140.

Proportional Loss Sharing – Understanding how losses are shared based on the proportion of investment.
Basic Arithmetic – Performing addition and multiplication to calculate total investment and share of loss.