Austin & Kaitlyn Kojan invested $195,000 in a business venture. If Kaitlyn invested 2 1/4 as much as Austin invested, how much money did Kaitlyn invest?
Mathematics · Middle School · Wed Jan 13 2021
Answered on
Given the statement:
Austin & Kaitlyn Kojan invested $195,000 in a business venture.
Determine how much money did Kailtyn invested if she invested 2 ¼ as much as Austin.
Solution:
Let x = Austin's Investment
2.25x = Kaitlyin's Investmen
In order to determine how much Money did Kaitlyn invested, we equate the representations into one solution with a sum of 195,000.
x + 2.25x = 195,000
3.25x = 195,000
Divide both sides by 3.25 in order to get the value of x.
x =60,000
Austin's investment = $60,000
Kaitlyn's Investment:
=(2.25)($60,000)
=$135,000
Final answer:
Kaitlyn's investment = $135,000