Asked by Jocelyn
Adam, Bill, Chris, and Dave each own one quarter of a company. Bill sells
2/3 of his shares to Dave. Adam sells 3/5 of his shares to Chris and the
rest to Dave. How much of the company does Dave own now? Give your
answer as a fraction reduced to simplest terms.
2/3 of his shares to Dave. Adam sells 3/5 of his shares to Chris and the
rest to Dave. How much of the company does Dave own now? Give your
answer as a fraction reduced to simplest terms.
Answers
Answered by
Writeacher
Assistance needed.
Please type your <u>subject</u> in the <b>School Subject</b> box. Any other words are likely to delay responses from a teacher who knows that subject well.
Please type your <u>subject</u> in the <b>School Subject</b> box. Any other words are likely to delay responses from a teacher who knows that subject well.
Answered by
PsyDAG
Originally Dave has 1/4. He receives 2/3 *1/4 shares from Bill and 2/5 * 1/4 shares from Adam. Multiply first and then add and reduce.
I hope this helps.
I hope this helps.
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