Math Problem Statement
three partners are investing a total of 1200000 in a new restaurant. their investments are in the ratio of 6:8:11. How much did each invest?
Solution
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Math Problem Analysis
Mathematical Concepts
Ratios
Proportions
Division of Amounts
Formulas
Total parts = sum of the ratio terms
Value of one part = Total Investment / Total parts
Individual Investment = Ratio part × Value of one part
Theorems
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Suitable Grade Level
Grades 6-8
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