A, B, and C invest in a business with investments of $2000, $3000, and $5000 res

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Question: A, B, and C invest in a business with investments of $2000, $3000, and $5000 respectively. What is the average investment?

Options:

Correct Answer: $3000

Solution:

Total investment = 2000 + 3000 + 5000 = $10000. Average investment = 10000 / 3 = $3333.33.

A, B, and C invest in a business with investments of $2000, $3000, and $5000 respectively. What is the average investment?

A, B, and C invest in a business with investments of $2000, $3000, and $5000 respectively. What is the average investment?

Step 1: Identify the amounts invested by A, B, and C. A invested $2000, B invested $3000, and C invested $5000.
Step 2: Add the amounts together to find the total investment. Calculate: 2000 + 3000 + 5000.
Step 3: Perform the addition: 2000 + 3000 = 5000, then 5000 + 5000 = 10000. So, the total investment is $10000.
Step 4: Count how many people invested. There are 3 investors: A, B, and C.
Step 5: To find the average investment, divide the total investment by the number of investors. Calculate: 10000 / 3.
Step 6: Perform the division: 10000 divided by 3 equals approximately 3333.33.

Average Calculation – The average investment is calculated by dividing the total investment by the number of investors.
Total Investment – Understanding how to sum individual investments to find the total amount invested.