25
QuizMultiple Choice

Business Essentials — Quiz

Question 25 • Financial Math

A partnership has total monthly costs of $⁢15,000 Partner A is responsible for 60% of the costs, and Partner B is responsible for 40% Calculate the amount each partner contributes to the total costs.

Answer
A
Partner A: 15 dollars comma 000; Partner B: 15 dollars comma 000
B
Partner A: 9 dollars comma 000; Partner B: 6 dollars comma 000
C
Partner A: 10 dollars comma 000; Partner B: 5 dollars comma 000
D
Partner A: 6 dollars comma 000; Partner B: 9 dollars comma 000

Explanation

Find each partner’s share by multiplying the $15,000 total by their percentage. Partner A contributes 0.60 × $15,000 = $9,000, and Partner B contributes 0.40 × $15,000 = $6,000. Together, these amounts add to $15,000, so the correct choice is Partner A: $9,000; Partner B: $6,000.

AI-written and checked against the verified answer.

Previous
Next